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Storms are back in the forecast
Storms become more widespread through the week
SARASOTA, Fla. (WWSB) - Last week Saharan dust along with high pressure was limiting our normal afternoon and evening thunderstorm pattern. That has since moved on and now we can expect a good chance for scattered storms to be with us each and every day.
Most of the day will be generally sunny with high pressure remaining in control. This ridge of high pressure will shift around a bit which will put the main focus of storms during the early afternoon inland and then a few of those storms will break down the sea breeze and move toward the coast later in the day. High temperatures will still warm into the low to mid 90s with a heat index near 100-105° by the mid-afternoon.
The rain chances will be a little higher for inland areas but we will still see some storms make it toward the coast so look out as dangerous lightning has been not as intense as it usually is this time of year.
Scattered storms will be around through the weekend with rain chances staying around 40-60% through Sunday.
The tropics remain quiet for now with no areas of concern yet but that will be changing as we move through mid August. Go over your hurricane plan and buy the necessary supplies you will need to sustain your life for at least 3 days preferably 7 days.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/02/storms-are-back-forecast/ | 2022-08-02T00:32:44Z |
ANCHORAGE, Alaska (AP) — A rural Alaska man who threatened to assassinate both of Alaska’s U.S. senators in a series of profane messages left at their congressional offices was sentenced Friday to 32 months in prison.
Jay Allen Johnson was also fined $5,000, ordered to serve three years of supervised release after his prison sentence, and is barred by a protective order from contacting U.S. Sens. Lisa Murkowski and Dan Sullivan, their family and staff members for three years.
“Nothing excuses this conduct, threatening our elected officials, an act that attacks our very system of governance,” U.S. Attorney John E. Kuhn Jr. of the District of Alaska said in a statement. “The erosion of civility in our political discourse will never justify threats or acts of violence. Johnson’s actions must be punished, and the Department of Justice will always work to ensure our elected officials can serve without fear of harm.”
Johnson, who said he was too old and ill to carry out his threats, partially blamed his behavior on a mixture of pain medications and alcohol along with the isolation during the pandemic prevalent during the five-month span of 2021 when he left 17 threatening voicemails.
Johnson, 65, of Delta Junction, pleaded guilty in January to two counts of threatening to kill a U.S. official in January. Sentencing was carried out at U.S. District Court in Fairbanks.
The government sought a sentence of 37 months in prison, followed by three years of supervised release along with the protective order.
Johnson sought a 30-month term or supervised release.
“The defendant’s conduct is simply unacceptable in a democracy” U.S. Assistant Attorney Ryan Tansey wrote in the government’s sentencing memo filed before the sentencing hearing. “As political violence and domestic extremism grow, violent intimidation of public officials must result in serious criminal consequences.”
In one message left at Murkowski’s office, Johnson asked, “.50 caliber shell … you ever see what that does to a human head? Yeah, well….”
In another message to Murkowski, he said: “I will find out all your properties, and I will burn everything you hope to have, and I will burn everything you hope to own.”
Johnson also blamed her for the undocumented workers who have come into the country.
“Your life is worth $5,000, that’s all it’s worth,” he said on message to Murkowski’s office. “And as you let in these terrorists, and assassins, guess what, I’m going to use them. … I’m going to use them to come and assassinate your f——— a—.”
In a message left for Sullivan, Johnson said he was tired of politicians destroying the country. He claimed he would get out his .50 caliber and start a GoFundMe page for the shells. “And I’m coming with a vengeance, motherf——-,” he said.
“Sadly, political violence of all stripes has become a clear and present danger to public safety and the functioning of our democracy,” the government memo states. “The defendant’s conduct showed his rejection of that democracy and his willingness to resort to repeated violent threats when duly elected representatives take actions with which he disagrees.”
Johnson, who has had six driving under the influence convictions, is not allowed to possess firearms because he is a felon. However, law enforcement seized seven unsecured firearms at his home when executing a search warrant.
The defense said the weapons belonged to Johnson’s wife, Catherine Pousson-Johnson. In October, when pleading that her husband be released from jail while the legal case proceeded, she was asked if she was aware if her husband was making threats against the two senators.
“Who hasn’t?” she replied.
At the same hearing, she said, “My husband is an old man, and he gets very angry listening to politics on the news.”
In the defense’s sentencing memo, attorney Jason Weiner describes Johnson as being in poor health, suffering from osteoarthritis and other ailments. He has had a series of surgeries over the years, including twice on knees, back and shoulder procedures. He has been prescribed pain medications.
He has also been diagnosed with anxiety and post-traumatic stress disorder, the latter due to a turbulent childhood. Because of his health problems, he retired from working physical labor jobs at age 55, when his drinking began, the memo says.
He takes full responsibility for his conduct and realizes that while he never intended to carry out the verbal threats, the senators did not know that, the memo says.
“Between the prescribed narcotics, pain and self-medicating, Mr. Johnson was not himself,” the memo says.
“If anything, Mr. Johnson could use supervision not continued incarceration,” the defense memo says when asking the judge to consider three years of supervised release as an option instead of further incarceration. | https://cw33.com/news/politics/ap-politics/alaska-man-gets-32-months-for-threatening-to-kill-senators/ | 2022-04-09T14:07:33Z |
IRVINE, Calif., July 13, 2022 /PRNewswire/ -- Paradigm Sports, leading global sports and entertainment agency, today announced the signing of Olympic and World Champion wrestler, Taha Akgül. Paradigm Sports will be Akgül's exclusive representation.
Following in his father's footsteps, Akgül began his career in freestyle wrestling at age twelve, and quickly developed into one of the biggest names in his home country of Turkey. His reign as one of the best heavyweights in the world began in 2010 at the senior level Mediterranean Championships and the Junior World Championships, at both of which he took home the silver medal. In 2012, he won the Yasar Dogu Tournament in Istanbul, Turkey, the European Wrestling Championships, and the World University Championship, and finished as a runner up to qualify for the 2012 Olympic Games.
"We are honored to have one of the greatest heavyweight wrestlers of all-time choose Paradigm Sports as his exclusive representation, and we look forward to helping Taha advance in his career," said Paradigm Sports CEO, Audie Attar.
Akgül went on to represent Turkey six times at the World Championships, earning medals at each appearance – two gold, two silver, and two bronze. In 2016, Akgül won gold at the Olympic Games in Rio and bronze at the 2020 Tokyo Olympics, as well as winning the 2021 World Championships. Most recently, he won the gold medal at the 2022 Yasar Dogu Tournament and at the 2022 European Wrestling Championships in Budapest, Hungary. Throughout his twelve-year career, Akgül has amassed a total of twenty-five gold, four silver, and four bronze medals competing in men's freestyle wrestling at the highest levels at both 120kg and 125kg.
Taha Akgül joins Paradigm Sports's formidable combat athlete roster comprised of multiple world champions including Conor McGregor, Israel Adesanya, and Jiri Prochazka. Akgül will be represented by veteran combat sports manager David Fish, alongside longtime advisors Markus Wirth and Serdar Topcu.
As a multi-sport, business and media company, Paradigm Sports has transformed the sports management industry with the launch of successful business ventures alongside their clientele, such as Proper Number Twelve, McGregor Fast, and August McGregor. Paradigm Sports also manages the careers of some of the most prominent athletes in the world, like Conor McGregor, Rico Verhoeven, Israel Adesanya, Jozy Altidore, and Josh Tupou. Founder and CEO, Audie Attar, brokered the "Money Fight" between Floyd Mayweather and Conor McGregor back in 2017 which, to date, remains one of the highest revenue-generating events in combat sports history. Paradigm Sports is a full-service management agency that sets itself apart as a multi-sport, business, and media company that manages and enhances the careers of many of the top athletes on earth and builds some of the coolest brands and companies with them.
Contact
David Fish (Taha Akgül / Paradigm Sports): 917-515-6026 or davidf@paradigmsports.com
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SOURCE Paradigm Sports | https://www.wibw.com/prnewswire/2022/07/13/paradigm-sports-signs-olympic-world-champion-wrestler-taha-akgl/ | 2022-07-13T14:07:34Z |
NEW YORK, June 13, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Rollins, Inc. (NYSE: ROL) resulting from allegations that Rollins may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Rollins securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=2735 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
WHAT IS THIS ABOUT: On October 28, 2020, Rollins disclosed that a U.S. Securities and Exchange Commission (SEC) investigation had been initiated and believed the SEC's focus to be how accruals and reserves were established at period ends and their impact on reported earnings going as far back as January 2015.
Then on February 26, 2021, Rollins announced that an internal investigation into the same matters found "a significant deficiency in the Company's internal controls relating to the documentation and review of accounting entries for certain reserves and accruals." On this news, Rollins share prices fell $0.87, or 2.5%, to close at $33.17 per share on February 26, 2021, damaging investors.
Then on April 18, 2022, the SEC announced that Rollins agreed to pay $8 million to settle the charges that Rollins made unsupported reductions to its accounting reserves to improperly boost its earnings per share. On this news, Rollins share price fell $0.55, or approximately 1.7%, to close at $34.29 on April 18, 2022, damaging investors.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.wibw.com/prnewswire/2022/06/13/rosen-respected-investor-counsel-encourages-rollins-inc-investors-with-losses-inquire-about-securities-class-action-investigation-rol/ | 2022-06-13T21:58:00Z |
Transformational Anti-Aging and Wellness Franchise Poised for Growth Following Success of Flagship Location
WINDERMERE, Fla., June 23, 2022 /PRNewswire/ -- Serotonin Centers, the wellness and anti-aging/longevity franchise established last year by nationally-recognized fitness industry entrepreneur Eric Casaburi, will expand its regional presence after having a franchisee secure $6.5 million in funding for five additional locations throughout the Orlando market. The investment comes from Anti-Aging Holdings Orlando, an Orlando-based holding company seeking to fuel the thriving brand's growth within the booming wellness industry.
Through its investment, Anti-Aging Holdings Orlando will be opening locations in the fall of 2022, starting with its next center in Dr. Phillips, followed by additional locations in Winter Park, Lake Mary, Clermont, Lake Nona, and Horizon West. They plan to open additional sites upon completion of the initial 5-center development.
As the nation's first franchise brand to enter the anti-aging and hormone treatment space, the flagship location of Serotonin Centers in Windermere, Fla. has attracted not only a loyal base of local clients, but also those flying in from around the country to receive the brand's groundbreaking services. With its vast lineup of next-level wellness and longevity treatment options and membership tiers and one-stop shop offering cutting edge hormone restoration, aesthetic enhancement, weight control and immunity response treatments, Serotonin Centers is well-poised to amass multi-unit franchise development agreements across the country.
"The real aim of our centers is to empower men and women with the ability to optimize their health and performance and overall sense of well-being," said Casaburi, Founder and CEO of Serotonin Centers. "Whether it's hormone restoration, boosting your immune system, reducing fine lines and wrinkles, or tackling weight control, Serotonin Centers has the resources to help anyone become their best self, inside and out. Scaling our business model will help to make this a reality for more people."
As a crusader for health and wellness his entire career, Casaburi is best known for founding and growing a nationally-recognized gym franchise that now has 170 gyms open or in development. With Serotonin, Casaburi says he's excited to share the ground-floor opportunity with additional like-minded investors who want to make an impact on human health and life span.
To find out more information on Serotonin Centers and its franchise opportunities, you can visit https://www.serotonincenters.com/franchising/.
ABOUT SEROTONIN
Aptly named after the hormone that's function is to stabilize human's feelings of well-being and overall happiness, Serotonin's wellness and anti-aging concept provides members the road map for maximizing wellness and longevity. The anti-aging brand intersects the expertise of both medical practitioners and health coaches in a concierge eco-system under one roof to slow down the human biological clock and extend the prime years of looking and feeling your best. Those interested in investing in a Serotonin Center can visit serotonincenters.com/franchising/ for more information.
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SOURCE Serotonin Centers | https://www.kxii.com/prnewswire/2022/06/23/serotonin-centers-franchisee-raises-65m-funding-open-5-locations-orlando-market/ | 2022-06-23T14:45:03Z |
Changes come as demand increases for edge to core to cloud storage strategies
SAN FRANCISCO , June 30, 2022 /PRNewswire/ -- Scality channel executives announced today that they've bolstered the company's partner program with new training enablement, incentives, additional support and renewed focus. These additions will position partners for accelerated growth as market trends indicate increased demand for multi-cloud and hybrid data flow strategies.
Click to Tweet: @Scality channel executives revamp partner program with new focus, support and incentives https://scality.com/press-releases/scality-revamps-partner-program #channel
To better support partners, Scality is rolling out an updated partner program that includes new sales and product enablement paths, deal protection and a partner portal. The program is structured to support growth so that new partners, coming in as a Scality Select Partner, have everything they need to start to build their practice and pipeline with Scality. Resources such as co-brandable campaign kits, market development funds and joint business planning are available right out of the gate. As the partnership grows, additional benefits such as higher margin protection, rebates and incentives will be made available, and partners will have the opportunity to be promoted to a Scality Elite or Global Elite Partner. Partners also will be able to earn competency badges to highlight their areas of expertise and differentiate themselves within the ecosystem.
This new program, coupled with the introduction of Scality ARTESCA last year, sets Scality partners up to offer true scalability to their customers and manage their data everywhere. ARTESCA uniquely combines lightweight, cloud-native object storage design with true enterprise-grade capabilities, providing a solution for both small footprints at the edge and scalability for the data center. Starting from 50TB and up, partners can now land more customers with Scality, and grow with the needs of their customers' business.
To reward partners for identifying and closing new deals in this segmentation, Scality has launched a new ARTESCA challenge program that offers incentives and includes the potential to win a trip to Mauritius. More information about this program is available here.
Melissa Lyons, senior director of channels for Americas, Scality, said: "There has never been a better time to partner with Scality. As we are seeing more and more customers repatriating some cloud-based workloads back on-premises, our partners are in a great position to help them rotate to a hybrid strategy that can optimize their object storage and reduce costs. This, combined with the expanded market opportunity ARTESCA brings to the table and a partner program structure that makes it easier for partners to work with us, will undoubtedly lead to incremental revenue opportunities for our partners."
Frederic Saldes, head of alliances and channel for EMEA, Scality, said: "We've seen great success with the land-and-expand approach at Scality. In fact, 85% of customers expand their footprint with us and half of them do it within 12-18 months of the initial purchase. With our 100% channel strategy, partners are in a great position to capitalize on this expansion revenue and leverage our best-in-class support, training and other enablement to help them do so."
Scality® storage propels companies to unify data management no matter where data lives — from edge to core to cloud. Our market-leading file and object storage software protects data on-premises and in hybrid and multi-cloud environments. With RING and ARTESCA, Scality's approach to managing data across the enterprise accelerates business insight for sound decision-making and maximum return on investment. To compete in a data-driven economy, IT leaders and application developers trust Scality to build sustainable, adaptable solutions. Scality is recognized as a leader by Gartner and IDC. Follow us @scality and LinkedIn. Visit www.scality.com, or subscribe to our company blog.
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SOURCE Scality | https://www.mysuncoast.com/prnewswire/2022/06/30/scality-revamps-channel-program-positioning-partners-accelerated-growth/ | 2022-06-30T13:08:02Z |
A Sunrise, Florida, police sergeant seen in bodycam video grabbing another officer by the neck last year has been charged in connection with the incident, authorities said.
The sergeant, 47-year-old Christopher Pullease, was charged with four crimes for his conduct, including battery and assault on a law enforcement officer, according to a statement from Broward State Attorney Harold F. Pryor.
During the arrest of another individual, Pullease "is accused of intentionally touching or striking the female police officer against her will, assaulting her by holding pepper spray up to her face, and assaulting the civilian male by holding pepper spray to his face," the state attorney's statement read. He also faces a charge of tampering with evidence, it said.
"Sergeant Christopher Pullease was involved in an incident in November 2021 that led to a joint criminal investigation that was conducted by the Sunrise Police Department and the Broward State Attorney's Office," Sunrise police said in a statement Thursday. "Sergeant Pullease has been on administrative leave throughout the course of the investigation."
The incident was first brought to light by CNN affiliate WSVN in January, according to a Sunrise police press release that month.
SPD Chief Anthony W. Rosa, who spoke to WSVN exclusively, said at that time he felt it was necessary to show the public the bodycam video of the incident. "It is vital to be transparent," he said.
CNN is working to obtain the body-worn camera video. SPD provided an edited version to WSVN.
On November 19, 2021, a suspect had been placed under arrest for a violent felony, according to the chief. Once the suspect was inside the patrol vehicle, Pullease "approached and engaged in a verbal altercation with the suspect in a manner that I feel was inappropriate and unprofessional," Chief Rosa said in January.
Pullease was allegedly yelling at the "suspect while holding his can of pepper spray," said the chief. "Although he did not deploy the spray, the sergeant's actions unnecessarily elevated the demeanor of the suspect."
Bodycam video of the incident shows a female officer running to Pullease, grabbing him by his belt and pulling him back, away from a suspect inside a police vehicle.
Pullease then turns and grabs the officer by the neck while pushing her backward, the edited video released by the department shows.
"The movements of the sergeant and officer are stopped when the officer's back comes into contact with a nearby police vehicle," said Rosa, adding that "upon hearing about this incident, I immediately relieved the sergeant of his supervisory responsibilities and ordered an internal affairs investigation."
Pullease was arrested and pleaded not guilty to all four charges against him during an arraignment hearing Thursday, court records show.
Pullease has since bonded out of the Broward County Jail, according to jail records. Pullease's next hearing is set for September 8 in a Broward County courtroom, court records show.
CNN has reached out to Pullease for comment. It is not clear whether he has retained an attorney at this time.
The Sunrise Fraternal Order of Police Lodge 80 said in January it supported the sergeant receiving a fair investigation and an "unbiased and objective conclusion."
It also accused Chief Rosa of "bias, prejudicial and unprofessional behavior."
The statement from lodge President Steven Negron added: "Chief Rosa should not be opining as to his personal feelings or assisting in publicly ridiculing the Sergeant to the community or his subordinates."
CNN has since reached out to Sunrise FOP for further comment.
If convicted, "the maximum possible penalties are five years in state prison for felony battery on a law enforcement officer, one year for assaulting a law enforcement officer, and 60 days for assault on a civilian," according to the state's attorney statement. The maximum sentence for tampering with evidence is five years, according to the statement.
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Stacker takes a look at 25 pictures of abandoned military installations and their stories. Click for more. | https://www.albanyherald.com/news/sergeant-is-charged-with-felony-battery-after-he-grabbed-an-officer-by-the-neck-during/article_1f2b336d-74a3-51e0-b906-d8f04dadba7c.html | 2022-07-26T03:30:25Z |
LITTLE ROCK, Ark. (AP) —
At home, two-term Republican Sen. John Boozman is known as an unassuming figure who talks almost in a whisper and is more comfortable chatting about policy or the University of Arkansas Razorbacks’ football record than giving fiery speeches.
But you wouldn’t know that if you turned on the television lately.
“John Boozman has always stood up to the gun-grabbing liberals of Washington,” a local sheriff says in one Boozman ad. In another, fellow Republican Sen. Tom Cotton hails Boozman as “our conservative fighter.” Boozman promises to finish building the wall along the U.S. border with Mexico that Donald Trump promised.
The sharper tone is Boozman’s effort to deal with an awkward problem as he seeks reelection in a Republican stronghold that Trump won overwhelmingly two years ago: Conservative voters are restive with Trump out of power, and GOP candidates are expected to sound bristling mad about it.
Boozman said the ads are not inconsistent with his low-key style and that he is just focusing on concerns he is hearing from voters.
“These are the things that are on people’s minds, so what we’re trying to do is address those issues and help them understand we’re at the forefront of working hard to get something done,” Boozman said. “I’m not an individual that screams and hollers. I’m an individual that gets to work and gets results.”
But ferocity just does not come naturally to Boozman. His more combative friends are rallying to help with that.
“He doesn’t draw attention to himself,” Republican strategist Bill Vickery said of the 71-year-old eye doctor and former Razorbacks football player. “He sort of lets his record speak for himself.”
In GOP-led states, even Republicans with seemingly safe seats are trying to ward off any perceptions they are insufficiently loyal to the former president. Such concerns already led Trump to withdraw his endorsement of Mo Brooks in Alabama’s Senate race, and have driven him to back an effort to unseat Georgia Gov. Brian Kemp in that state’s primary.
Boozman has received Trump’s endorsement along with the backing of top Republican figures in Arkansas. That includes Sarah Sanders, the party’s likely nominee for governor who was as Trump’s press secretary. Boozman also has been endorsed by the National Rifle Association and National Right to Life.
His chief rival in the May 24 primary is Jake Bequette, a former NFL and Razorbacks player who served in the Army and has appeared frequently on Fox News. Bequette’s fundraising has paled in comparison to Boozman’s, but he is backed by a super political action committee supported by shipping executive Richard Uihlein.
“I think in this political environment, the people of Arkansas and America First patriots around the country, they want conservative warriors,” Bequette said.
Boozman’s other GOP challengers include Jan Morgan, a former TV reporter and conservative activist who has appeared at the state Capitol frequently to push for bans on vaccine mandates and for looser gun laws.
Both have regularly assailed Boozman as a RINO — Republican In Name Only — even though the incumbent voted more than 91% of the time with Trump, according to the website FiveThirtyEight. Boozman has voted with President Joe Biden 34% of the time, according to FiveThirtyEight’s tally, and his challengers say that is too often.
One of the main areas of attack is Boozman’s decision to not challenge Biden’s victory in the 2020 election, despite Trump’s lies that the election was stolen. Boozman’s rivals have also criticized the senator for saying Trump bore “some responsibility” for the Jan. 6 insurrection at the Capitol. Boozman voted to acquit Trump during impeachment proceedings.
Boozman said he does not think Trump bears direct responsibility for the riot, and he has called the House committee investigating Jan. 6 a “partisan charade.” Boozman said he remains committed to Trump and would support him for president in 2024.
“I do know if he was president now, we would be in a much better position than having President Biden,” Boozman said.
With hardly any public polling available, there are few signs indicating trouble for Boozman. The incumbent has been outraising his rivals and blanketing the state with ads, including the one featuring Cotton, a potential White House candidate in 2024. Two super PACs supporting Boozman have recently begun airing TV ads.
Boozman has focused on farming and veterans issues during his time in the Senate, topics that do not lend themselves to viral videos or incendiary speeches but are crucial in this predominantly rural state. He is in line to lead the powerful Senate Agriculture, Nutrition and Forestry Committee should the GOP win control of the Senate this fall.
Boozman compared his approach to that of the football coaches he said influenced him the most in school.
“They didn’t just scream and holler. They put game plans in place and worked toward a common goal to get things done versus just screaming about it,” Boozman said. | https://cw33.com/news/politics/ap-politics/ads-from-soft-spoken-arkansas-sen-boozman-reflect-gop-fury/ | 2022-04-25T05:34:45Z |
TSX.V: DME
U.S. OTC: DMEHF
Frankfurt: QM01
VANCOUVER, BC, April 11, 2022 /PRNewswire/ - DESERT MOUNTAIN ENERGY CORP. (the "Company") (TSX.V: DME) (U.S. OTC: DMEHF) (Frankfurt: QM01) From the President of the Company.
The Company is pleased to announce that it is mobilizing the cased hole logging work on Wells #5, #6 and #7. DME will be utilizing additional cased hole logging tools to further increase our team's knowledge and correlate the mass spectrometer, gas chromatograph readings, geo logs, mineralogical descriptions and open hole logs. The Company anticipates having the completion rig moved onto the McCauley Helium Field location by the middle of next week.
"We are confident with the progress our team has made so far," says Robert Rohlfing, CEO of Desert Mountain Energy Corp. "They've done an excellent job and we are on schedule with moving the Company closer to production in 2022."
Desert Mountain Energy Corp. is a publicly traded resource company primarily focused on exploration, development and production of helium, hydrogen and noble gases. The Company is primarily looking for elements deemed critical to the renewable energy and high technology industries.
We seek safe harbor
"Robert Rohlfing"
Robert Rohlfing
Exec Chairman & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in polices of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. The statements made in this press release may contain certain forward-looking statements that involve a number of risks and uncertainties. Actual events or results may differ from the Company's expectations.
This news release contains "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995 and "forward-looking information" within the meaning of applicable Canadian securities legislation. Such forward looking statements and information herein include but are not limited to statements regarding the Company's anticipated performance in the future the planned exploration activities, receipt of positive results from drilling, the completion of further drilling and exploration work, and the timing and results of various activities.
Forward-looking statements or information involve known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company and its operations to be materially different from those expressed or implied by such statements. Such factors include, among others, changes in national and local governments, legislation, taxation, controls, regulations and political or economic developments in Canada and the United States; financial risks due to helium prices, operating or technical difficulties in exploration and development activities; risks and hazards and the speculative nature of resource exploration and related development; risks in obtaining necessary licenses and permits, and challenges to the Company's title to properties.
Forward-looking statements are based on assumptions management believes to be reasonable, including but not limited to the continued operation of the Company's exploration operations, no material adverse change in the market price of commodities, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or information, there may be other factors that cause results to be materially different from those anticipated, described, estimated, assessed or intended. There can be no assurance that any forward-looking statements or information will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company does not intend to, and nor does not assume any obligation to update such forward-looking statements or information, other than as required by applicable law.
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SOURCE Desert Mountain Energy Corp. | https://www.kxii.com/prnewswire/2022/04/11/desert-mountain-energy-starts-cased-hole-completion-work-well-5-6-7/ | 2022-04-11T17:47:23Z |
Aboard the speeding locomotive of “Bullet Train” ride at least five assassins, one venomous reptile (a snake on the train), countless glib Guy Ritchie-esque slo-mo action sequences, and one bucket-hat wearing Brad Pitt.
It’s a lot of ingredients that go into this candy-colored, battle royale of a movie. But the only one that really matters is that last one. At 58, Pitt’s star power has never seemed so easy and so natural. Radiant in “Once Upon a Time... in Hollywood,” delicious in “The Lost City,” Pitt glides into “Bullet Train” in a rarified state of cruise control. Seldom has a movie star seemed to be having so much fun.
In “Bullet Train,” which opens in theaters Friday, Pitt plays a hired gun by profession but little else. His code name is Ladybug. He doesn’t like guns. And in his first job back after a hiatus of self-reflection and therapy, he goes into lethal fights with great reluctance, spouting self-help slogans like “Hurt people hurt people” in the midst of hand-to-hand combat. Pitt, a maximum movie star with a minimalist bent, is a hitman with no taste for hitting.
Ladybug, tasked to grab a very particular briefcase off a train headed from Tokyo to Kyoto, might not be up for the job, but the bigger question is whether “Bullet Train” is a good enough vehicle for its biggest star. Director David Leitch, the stuntman-turned-director of “Atomic Blonde” and “Deadpool 2,” has brought the style and energy of a “John Wick” film (he co-directed the first) to a setting that has traditionally been associated with more subtle methods of killing.
But with films like Bong Joon Ho’s “Snowpiercer” and the Liam Neeson-led “The Commuter” greasing the wheels, train movies have chugged along since the original “Murder on the Orient Express.” Adapted from Kōtarō Isaka’s pulpy novel, “MariaBeetle,” “Bullet Train” amps the carnage further and shifts the action to Japan.
But the location here is mostly just a neon-lit stage for a high-speed melee with an international ensemble, including Brian Tyree Henry (best of the bunch) and Aaron Taylor-Johnson as bickering British “twins”; Andrew Koji as a Japanese assassin; a Mexican cartel veteran named the Wolf (Benito A. Martinez Ocasio, a.k.a. Bad Bunny); a dangerous young woman called Prince who fake cries her way out of nearly everything (Joey King); and Zazie Beetz’s killer known as the Hornet.
All are on the train for various criminal reasons ultimately connected to a Russian kingpin named the White Death. The actor playing this most fearsome character is best left to the third-act reveal, but that’s just one way “Bullet Train” plays around with star persona. There’s a cameo that answers Pitt’s in “The Lost City.” Another “Lost City” star, Sandra Bullock, is mostly only heard on the other end of a phone line, as Ladybug’s handler.
The copious flashbacks and quirky banter (Henry’s character has an outlook based around Thomas the Tank Engine) that accompany the juggling of all these characters in between bloody encounters is a familiar kind of framework recalling a long line of Quentin Tarantino knockoffs. In “Bullet Train,” a movie that proudly opts for style over substance, characters are introduced like videogame fighters, running gags get run into the ground and a winking irreverence lands somewhere in between playful and exhausting.
It’s no train wreck. Leitch’s film is colorful, cartoonish and well-choreographed. But the more-is-more manic energy of “Bullet Train” eventually peters out, since that’s all the movie was ever running on. Well, that and Pitt. His charm alone does wonders for the movie, raising it at least to the level of watchable. When, in the finale, Ladybug sails comically unharmed through the wreckage, it captures the situation exactly. “Bullet Train” might go off the rails but Pitt remains bulletproof.
“Bullet Train,” a Columbia Pictures release, is rated R by the Motion Picture Association of America for strong and bloody violence, pervasive language, and brief sexuality. Running time: 126 minutes. Two and a half stars out of four. | https://www.tdtnews.com/entertainment/article_85a60228-1334-11ed-87bf-f72cffff1c38.html | 2022-08-04T09:14:34Z |
Grayson County responds to pushback against jail expansion in Sherman
SHERMAN, Texas (KXII) - Disagreement over what Grayson County should do with its jail continues as commissioners, and the sheriff’s office responds to the city’s public opposition.
Grayson County Judge Bill Magers started commissioners court Tuesday morning acknowledging the opposition.
“I have always been an advocate for downtown,” said Magers.
Despite more clear resistance, the county showed no signs of budging.
“As emotional as this issue may or may not be, as the chief budget and this commissioner’s court, we have to make decisions based on the data,” said Magers.
The data, they said, is access to 16 million federal dollars for expanding the jail at its current location.
The county also said if it relocates the jail, the entire justice center will have to move with it, along with the hundreds of employees and jurors that provide business downtown.
And, they said a new facility could equal a tax hike by more than 40 percent.
“I think if we move it out lock stock and barrel, it will negatively impact the city far more than the campus that we currently have,” said Sheriff Tom Watt.
On Tuesday, the sheriff said the jail sent 22 inmates out of the county, and the state approved an additional ten bunk beds to help with overcrowding.
Watt pointed to this as another example of why the jail can’t wait for a relocated facility.
“We have a critical need now,” said Watt.
Others packed the court Tuesday to voice their opposition and hear the county’s response to the city.
“It was hurtful to think that the citizens here in the county, not just the city, aren’t even hearing our council members and their opinions on what they want for their city,” said Sandra Melton.
The Grayson County Commissioners Court will be the group making decisions on the future of the expansion unless they pass bonds for a new justice center.
That would take an election.
“Let’s hear from the people,” said Melton.
Melton said she filled out a public comment card to speak about the jail expansion after she saw the issue listed on the agenda, but her request was denied.
The county attorney said it was because of a technicality.
Grayson County Judge Bill Magers said he expects the issue to be on the agenda next week and open for public comment.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/07/19/grayson-county-responds-pushback-against-jail-expansion-sherman/ | 2022-07-20T00:17:16Z |
Answers Growing Demand for 'Tech Neck' and Oily Skin Solutions
SPRINGDALE, Ark., June 1, 2022 /PRNewswire/ -- Therapon Skin Health, the makers of the medical-grade skin care line, Theraderm Clinical Skin Care, today announces the launch of two products. The line extension includes Theraderm Neck Crème and Theraderm Reversion Clarifying Mask.
DON'T LET 'TECH NECK' TELL YOUR AGE
Theraderm Neck Crème addresses signs of neck aging on a global scale, softening and minimizing lines formed by repetitive facial expressions by relaxing muscle contractions and moisturizing the skin.
The Neck Crème features Aloe Barbadensis Leaf Juice, rich in vitamins C and E, to help protect the skin from the damaging effects of environmental free radicals. Several powerful moisturizing agents such as Shea Butter Ethyl Esters, non-greasy "eco-designed" emollients derived from shea butter, effortlessly absorb into the skin. The visible results include reduced signs of scarring left from psoriasis, dermatitis, frostbite, burns, and inflammation.
A combination of clinically proven ingredients like Retinol, Niacinamide and Theraderm's patented peptide complex works to reduce laxity, fine lines, wrinkles, signs of photoaging, hyperpigmentation and uneven skin texture resulting in an overall more youthful, lifted and contoured appearance.
Mix in caffeine, Plankton Extracts, Kappaphycus Alvarezii Extract (a powerful anti-inflammatory) and you've got one of the most comprehensive neck products available.
The Neck Crème will retail for $95.50 at theraderm.net.
DETOX YOUR SKIN
The Reversion Clarifying Mask contains Kaolin Clay to keep breakouts and excess oiliness under control. One of the mildest and gentlest clays found in skin care, Kaolin offers anti-inflammatory, anti-bacterial, and healing benefits. Plus, since it's more gentle on the skin than other types of clay, make it excellent for all skin types.
Ideal for oily skin, the Theraderm Reversion Clarifying Mask absorbs excess sebum and cleans out pores with active charcoal. This brightening and detoxifying mask draws out impurities and toxins and clears skin of excess oil, dirt and pollutants without causing redness or irritation. Additional active ingredients include salicylic and lactic acid to help increase cellular turnover, decreasing the number of pimples and blackheads that form, while simultaneously speeding up healing on active breakouts.
The Reversion Clarifying Mask will retail for $26 at theraderm.net.
ABOUT THERADERM
Plastic & Reconstructive Surgeon, Dr. James Beckman, CEO/founder of Therapon Skin Health, didn't envision starting a skin care company over two decades ago. He set out to develop products not available anywhere at the time to maximize the overall skin health and youthful appearance of his own patients.
While treating severely burned patients, Dr. Beckman was determined to improve their quality of life by finding solutions for restoring full function and mobility to skin-grafted hands. This led to the development of Beckman's Skin Care Cream and the Therapon Skin Health company. The steps to restoring aging skin are to clean and gently exfoliate skin surface cells, then protect skin from future damage.
In 1996, the four-product Theraderm Skin Renewal System for daily use was completed. @theradermclinical
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SOURCE Theraderm Skin Health | https://www.wibw.com/prnewswire/2022/06/01/therapon-skin-health-unveils-two-new-products-award-winning-theraderm-line/ | 2022-06-01T11:22:51Z |
California's Landmark General Order 156 now includes an aspirational goal of 1.5% for LGBT businesses in contracting with California-based Utility Companies, worth over $600 million per year in competitive contracts
SAN FRANCISCO, April 7, 2022 /PRNewswire/ -- BuildOUT California is happy to announce that the California Public Utilities (CPUC) today, by unanimous vote, approved a historic measure that will set an aspirational goal of 1.5% for the inclusion of Lesbian, Gay, Bisexual, and Transgender (LGBT) certified businesses in the competitive contracting process with California-based utilities like AT&T, PG&E and Southern California Edison Company. This development will be an update to the CPUC's Utility Supplier Diversity Program, known as General Order 156, which was created by a 1983 law (Assembly Bill 3638), under the leadership of late Assemblywoman Gwen Moore, a prominent civil rights advocate. Ms. Moore served in the California Assembly from 1978 through 1994, representing the 47th District.
"The modern-day LGBTQ economic equality movement started here in California in 1974 with the founding the Golden Gate Business Association (GGBA)," stated Paul Pendergast, President of BuildOUT California and a former president of the GGBA. "California is once again leading the way with the establishment of an aspirational goal for utilities to utilize qualified, cost effective, experienced LGBT owned/certified businesses. The Commission's bold action today represents a defining moment statewide, nationally, and internationally when it comes to LGBT economic vitality" Pendergast added.
The CPUC's approved Order adopts voluntary procurement goals for LGBT business enterprises over the next three years: 2022 of 0.5%, 2023 of 1.0% and 2024 of 1.5%. "Our directive balances the reliance on historical data with our objective of increasing procurement from LGBT business enterprise amidst unique barriers to entry" stated CPUC Commissioner Clifford Rechtschaffen in his February 9, 2022 Proposed Decision on the matter.
Members of BuildOUT California's executive leadership team have been working on this issue since the roots of this historic development began nearly eight years ago (September 2014) when California Governor Jerry Brown signed Assembly Bill 1678 (AB 1678), sponsored by then-Assemblymember Richard Gordon. This legislation required the CPUC to include LGBT-owned business enterprises in the Supplier Diversity Program under General Order 156. The enactment of AB 1678 was an historic moment in the movement to extend equal rights to the LGBTQ community, which has suffered severe discrimination and hostility.
The amount of business done by California utility companies under third-party contracts is enormous. In 2019, California utilities spent $38 billion. In 2020, the total jumped to $43.5 billion. But many of the utilities were bypassing LGBT-owned businesses in their contracting. So, when the CPUC in March 2021 launched a new "rulemaking" proceeding, BuildOUT California, represented by Frank Lindh, the CPUC's former General Counsel, intervened as a party. BuildOUT California urged the Commission to adopt an aspirational goal of 1.5% for LGBT-owned businesses. BuildOUT California's proposal was opposed by the utility companies, who asked for a much lower goal of only 0.5%. One year later, the CPUC, in response to the testimony and evidence presented by BuildOUT California, adopted a path to the 1.5% goal. The Commission's action will result in over $600 million per year in competitive contracts with LGBT businesses in California. Using a conservative figure of 5 new jobs per $1M in spend from the energy sector, it is conceivable that had there been a 1.5% spend with LGBT businesses in 2020 there could have been 3,500 new, quality, sustainable jobs created.
In an April 12, 2022, letter to the CPUC's Commissioners, California LGBTQ Caucus leaders Assemblymember Evan Low (Chair) and Senator Susan Talamantes Eggman (Vice Chair) stated, "For decades, the LGBTQ community has faced discrimination, only to watch its government do nothing… these actions will address a loftier goal in the legislation's intent: to establish some fairness for LGBTQ businesses that were previously excluded due to discrimination. We firmly believe that a 1.5% minimum is the first step to inclusion."
Tony Hoang, the Executive Director of Equality California, the 900,000-member strong non-profit advocacy organization stated in his March 1, 2022, letter to CPUC Commissioner President, Alice Reynolds, "The implementation of this law has delayed progress as we have waited nearly eight years for an LGBTBE procurement goal. Unfortunately, biases within some industry sectors create barriers to entry… With this new aspirational goal, the walls impeding progress are being torn down, and we are one step closer to more inclusivity."
About BuildOUT California
Founded in 2014, BuildOUT California is the world's first LGBT Industry Association dedicated to the sustainable growth of LGBT owned & certified businesses, and our allies, in the fields of Architecture, Engineering, Construction Services, Real Estate Development, and Related Industries.
A digital archive of filings, data analysis and letters of support from elected officials relevant to the CPUC's LGBT Goal Setting Process be found here.
Media Contact:
David Perry & Associates, Inc / David Perry / (415) 676-7007 / news@davidperry.com
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SOURCE BuildOUT California | https://www.mysuncoast.com/prnewswire/2022/04/08/california-public-utilities-commission-unanimously-votes-approve-largest-lgbt-economic-equality-measure-united-states-history/ | 2022-04-08T01:36:47Z |
RICHMOND, Va. , Aug. 24, 2022 /PRNewswire/ - ChallengeU, an innovative high school dropout recovery program, changed the life trajectory of Richmond City high school students who were no longer in school. Students were able to graduate against all odds because of ChallengeU's ability to combine the power of building relationships through boots-on-the-ground coaching with the flexibility of online learning.
On Aug. 24, a special ceremony was held at The Kitchens at Reynolds to honor four graduates who, after overcoming difficult life circumstances, are eager to pursue their chosen careers at local educational institutions such as Reynolds Community College.
"We believe every student should be able to pursue a promising career and have an equal opportunity to be successful, even after dropping out of school," said Nicolas Arsenault, CEO of ChallengeU. He highlighted that ChallengeU partners with Imagine Learning to provide high-quality online courses aligned with state standards and delivered by state-certified virtual instructors.
One ChallengeU Graduate's Story
Jahneysha Gibbs was always up for the challenge when it came to her academics. However, during high school, balancing life and school became overwhelming. Between the loss of her grandmother, constantly moving to different cities, and switching from school to school, she slowly began to lose motivation, and dreams of a future seemed out of reach.
"A few months after I stopped going to school, someone called my mom and told her about the program. I had enough time to grieve and deal with the loss of my grandma and was willing to come back to school as long as I did not have to go back into the building," says Jahneysha.
She found the ChallengeU coaches to be consistent, engaging, and very adaptive to her different life situations. "I love ChallengeU and the coach relationships! They are so motivational and help you out in every way they can," says Jahneysha, who aims to enter the registered nursing program at Reynolds in the fall.
ChallengeU is assisting her with the application process, connecting her to a job at the Omni hotel, and will be providing an academic scholarship that will be applied to her post-graduation plan. "I have always wanted to help people. ChallengeU is helping me to learn more about the field of nursing and the different roles," she concludes. Now that she is across the finish line with high school, she wants to encourage others in similar circumstances. "It gets better, and if someone has the option to work with ChallengeU, they should definitely take it!"
"The opportunity to walk alongside these students as they have overcome various challenges has been a privilege that I am most grateful for," said Bria Jacobs, Lead Graduation Coach of ChallengeU in Richmond Virginia. "Our program is designed to meet youth right at the intersection of their current circumstances and their greatest desires for a bright future. We see our participants as future scholars, entrepreneurs, teachers, healthcare practitioners, and anything else that they set their minds to. The ultimate goal is for participants to see the light at the end of the tunnel and walk toward it with confidence and a solid support system committed to assisting them every step of the way."
"Working in partnership with public school systems in the U.S., ChallengeU is building a better, brighter future for students who have dropped out of school due to a variety of life circumstances," concluded Arsenault. "Walking across the stage to receive a high school diploma is a moment that every student should experience and celebrate. Our team at ChallengeU is honored to help make that important milestone a reality, as well as creating a pathway to be a productive member of the workforce."
About ChallengeU
ChallengeU is a dropout recovery program that partners with school systems to identify, re-enroll and graduate students who had previously dropped out of high school. Our intervention model combines the flexibility of online learning with the power of building relationships through in-person coaching. Our coaches provide wrap-around support in collaboration with local community organizations. We engage students in various levels of support, ensuring they will have the confidence and motivation to commit to working with us toward graduation and post-graduation opportunities. We advanced our mission in the USA based on the success of our operation, which has re-enrolled more than 24,000 dropouts in school systems throughout Canada. In 2022, ChallengeU was recognized as a B Corp Best For The World™.
For more information, visit ChallengeU.com.
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SOURCE ChallengeU | https://www.kxii.com/prnewswire/2022/08/24/challengeu-transforms-high-school-dropouts-into-college-students/ | 2022-08-24T20:09:38Z |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that CLA (CliftonLarsonAllen LLP), the eighth largest accounting firm in the United States, expanded to lease the entire 51st floor of One Grand Central Place for a total of 12,422 square feet. CLA is tripling in size at the building after moving in less than two years ago.
"We are excited about our growth with Empire State Realty Trust at One Grand Central Place and the additional opportunities we'll be able to create in this space," said Jen Leary, CEO, CLA. "Our expansion was a turnkey, enjoyable process thanks to ESRT, and is a testament to the dedication and forward-looking vision of our professionals."
One Grand Central Place offers premier tenant office spaces and amenities which include a tenant-only conference center, multiple dining options, and in-building access to Grand Central Terminal's five subway lines, commuter trains, and retailers.
"We are pleased to accommodate CLA's growth at One Grand Central Place," said Thomas P. Durels, executive vice president, real estate at Empire State Realty Trust. "We continue to serve the market's flight to quality with our extensive in-building amenities and fully modernized spaces that deliver a premier environment with unparalleled convenience."
Andrew Blaustein and Ben Shapiro of Newmark represented CLA in the lease negotiations. Scott Klau, Neil Rubin, Erik Harris, and William Cohen of Newmark represented the property owner.
More information about One Grand Central Place can be found online.
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the Empire State Building, the World's Most Famous Building, and Tripadvisor's 2022 Travelers' Choice Best of the Best Awards #1 attraction in the U.S. and #3 attraction in the world, the newly reimagined and iconic Empire State Building Observatory. The company is a leader in healthy buildings, energy efficiency, and indoor environmental quality and has the lowest greenhouse gas emissions per square foot of any publicly traded REIT portfolio in New York City. As of June 30, 2022, ESRT's portfolio is comprised of approximately 9.2 million rentable square feet of office space, 700,000 rentable square feet of retail space and 625 residential units across two multifamily properties. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, Twitter and LinkedIn.
About CLA
CLA exists to create opportunities for our clients, our people, and our communities through industry-focused wealth advisory, outsourcing, audit, tax, and consulting services. With more than 7,500 people, 121 U.S. locations, and a global vision, we promise to know you and help you. For more information, visit CLAconnect.com. Investment advisory services are offered through CliftonLarsonAllen Wealth Advisors, LLC, an SEC-registered investment advisor.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by our use of words such as "assumes," "believes," "estimates," "expects," "intends," "plans," "projects" or the negative of these words or similar words or expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond ESRT's control and could materially affect actual results, performance or achievements. Such factors and risks include, without limitation, the current public health crisis and economic disruption from the COVID-19 pandemic, a failure of conditions or performance regarding any event or transaction described above, regulatory changes, and other risks and uncertainties described from time to time in ESRT's and ESROP's filings with the SEC, including those set forth in each of ESRT's and ESROP's Annual Report on Form 10-K for the year ended December 31, 2021 under the heading "Risk Factors." Except as may be required by law, ESRT and ESROP do not undertake a duty to update any forward-looking statement, whether as a result of new information, future events or otherwise.
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SOURCE Empire State Realty Trust, Inc. | https://www.wibw.com/prnewswire/2022/08/02/cla-nearly-triples-office-space-with-esrt-one-grand-central-place/ | 2022-08-02T21:33:21Z |
PITTSBURGH, April 11, 2022 /PRNewswire/ -- "We wanted to create a discreet chair option that would offer a break for individuals who stand at work," said one of two inventors, from Los Angeles, Calif., "so we invented the M R. Our design could help to reduce the strain and fatigue associated with standing for extended periods of time."
The invention provides an effective chair for workers who are required to stand. In doing so, it helps to maintain the appearance of standing. It also enables the user to take weight off their feet and it increases comfort. The invention features a discreet and lightweight design that is easy to use so it is ideal for workers and other individuals who are required to stand.
The original design was submitted to the Los Angeles sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-LST-855, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/04/11/inventhelp-inventors-develop-discreet-chair-option-workers-lst-855/ | 2022-04-11T17:08:43Z |
Superbrewed Food's Postbiotic Cultured Protein Delivers Superior Nutritional and Functional Benefits Compared to Plant and Animal Proteins and is Non-GMO, Animal- and Allergen-Free
NEW CASTLE, Del., May 18, 2022 /PRNewswire/ -- Superbrewed Food, Inc. has announced that its proprietary postbiotic cultured protein has achieved self-affirmed GRAS (generally recognized as safe) status. Superbrewed Food is believed to be the first company to receive self-affirmed GRAS for a microbiome-derived protein.
In accordance with the U.S. Food and Drug Administration requirements, an independent panel of experts reviewed Superbrewed Food's safety dossier on its postbiotic cultured protein ingredient. The panel agreed that the data demonstrates safety for consumption in a broad range of food applications, and that the ingredient poses limited risk as a food allergen.
Superbrewed Food's postbiotic cultured protein is an anaerobically fermented whole food protein made from microflora found in nature that convert plant starches into a nutrient rich protein ingredient. The ingredient is more than 80% protein by weight, among the highest protein concentration in a single microbe ever reported. It is high quality protein as it contains all nine essential amino acids and more branched-chain and essential amino acids than plant-based proteins. It is a "whole food" because it is minimally processed to retain its natural nutrition beyond protein. For example, a 30-gram serving meets the FDA requirements for being a "good source" of five B-vitamins, including a full day's supply of B-12, and a "good source" of six essential minerals, such as iron, phosphorus and magnesium.
"This is a major milestone in our mission to bring many highly nutritious, versatile microbiome-based ingredients to market," said Bryan Tracy, the CEO and co-founder of Superbrewed Food. "Our protein ingredient performs well in products ranging from alternative dairy to baked goods, due to its neutral taste, natural white color, excellent pH and temperature stability, and good emulsification properties. Also, our production process is low-cost and highly scalable, which renders it as an affordable ingredient for companies to incorporate in a wide range of products."
About Superbrewed Food
Superbrewed Food is a nutrition and health company focused on the development of natural ingredients using an anaerobic fermentation process. Made from microflora native to our microbiome, its products deliver superior nutritional and functional benefits compared to other plant and microbial proteins. Superbrewed Food's postbiotic cultured protein is sustainably produced, animal- and allergen-free, non-GMO and is remarkably versatile in terms of applications in foods. For more information on Superbrewed Food, visit www.superbrewedfood.com, or follow Superbrewed Food on Instagram @superbrewedfood.
Media Inquiries: Meghan Flynn, MS, RD 203.667.0241 meghan.flynn@thefoodgroup.com
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SOURCE Superbrewed Food | https://www.mysuncoast.com/prnewswire/2022/05/18/new-whole-food-protein-ingredient-achieves-self-affirmed-gras-status-use-foods-beverages/ | 2022-05-18T18:05:39Z |
ATLANTA — The federal agency in charge of Medicaid has denied Georgia’s application for a waiver to set up the state’s own health insurance marketplace.
The waiver program was a cornerstone of Republican Gov. Brian Kemp’s approach to reforming health care in the Peach State. Under Kemp’s model, Georgians would have enrolled in insurance plans through private insurance brokers rather than the federal healthcare.gov health insurance marketplace.
The plan to set up Georgia’s own marketplace system initially gained federal approval under then-President Trump in November 2020.
But after the Biden administration took office, the U.S. Department of Health and Human Services asked Georgia to submit a revised plan for the waiver that would reflect new federal policies and rules.
Georgia challenged the HHS findings and did not submit the requested changes to the plan. Kemp argued at the time that the healthcare.gov website was cumbersome and inefficient.
Now, HHS has suspended Georgia’s waiver plan.
A letter Tuesday from Chiquita Brooks-LaSure, administrator of the agency’s Center for Medicare and Medicaid Services, outlined some of the problems with the Georgia waiver plan that led the agency to suspend it.
Georgia did not provide the federal government with sufficient information to prove that its plan for health insurance would prevent coverage losses, the letter noted.
Georgia also did not provide HHS enough information about how it planned to communicate about the new marketplace and engage underserved populations. The program was not yet ready to go live, according to the federal letter.
“Consumers in Georgia will continue to use HealthCare.gov, which CMS will operate, to purchase individual health insurance coverage for 2023,” a CMS spokeswoman said.
She also noted that Georgia could still submit a corrective action plan that would allow the state to implement the plan in the future.
“We’re evaluating our options based on CMS’ decision,” Katie Byrd, a spokeswoman for Kemp, said.
Democratic U.S. Sen. Raphael Warnock praised the move.
“Permanently suspending the state’s harmful Section 1332 waiver will ensure that Georgians will be able to keep purchasing affordable health care coverage,” Warnock said Tuesday. “This will save lives and save families money.”
Woodstock was a legendary festival providing three days of peace and music. Stacker breaks down all the elements that made up the summer festival of '69, from the number of porta-potties to the total injuries sustained from guitars. Click for more.
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SCOTTSDALE, Ariz. , Aug. 2, 2022 /PRNewswire/ -- equipifi, a fintech company providing banks and credit unions with a white label Buy Now, Pay Later (BNPL) solution, announced that Colleen Shannon will be joining as its Chief Financial Officer.
Shannon will be responsible for overseeing finance and operations at equipifi, playing a key role in determining growth and hiring strategy, back-office infrastructure, and new partnerships as the company scales.
Shannon is an accomplished financial executive with extensive experience in SaaS, high growth startups, and venture and private equity backed companies. Most recently, she was the CFO of CampusLogic, Inc. which was acquired in April 2022 by Ellucian, a Blackstone and Vista Equity Partners portfolio company. At CampusLogic, she was responsible for the accounting, finance, business operations, people operations, and legal functions. Shannon is also an exceptional operational leader with experience in mergers and acquisitions. Prior to CampusLogic, Shannon also served as the CFO of Remarkable Health and Lumension Security.
"I'm thrilled to be a part of such an outstanding team that is building a market leading BNPL solution," said Colleen Shannon. "As costs of goods and services continue to increase nationwide, consumers want increased financial flexibility more than ever before. equipifi is partnering with financial institutions to provide that in a way that centers consumer financial health."
"Colleen is a perfect fit for the equipifi team," said Bryce Deeney, CEO and co-founder of equipifi. "Not only does she see tremendous potential for equipifi, but she also brings the industry experience and leadership needed to scale our company in a way that meets the growth and appetite for BNPL we are seeing in the marketplace."
equipifi is a fintech SaaS powering banks and credit unions with Buy Now, Pay Later (BNPL) solutions that align with their customers' financial goals. The equipifi platform seamlessly integrates with financial institutions to help them deepen customer engagement, grow market share, increase revenue, and provide a single place to view, accept, and manage BNPL plans on their existing digital banking app.
equipifi's investors include Curql Collective, PHX Ventures, SixThirty Ventures, Rise of the Rest, New Stack Ventures, SaaS Ventures, Baleon Capital, and several notable angel investors including Hamid Shojaee and Atomic CEO Jordan Wright. For more information, please visit www.equipifi.com.
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SOURCE equipifi | https://www.wibw.com/prnewswire/2022/08/02/colleen-shannon-joins-equipifi-chief-financial-officer/ | 2022-08-02T13:51:07Z |
– Trodelvy is Everest's First Product to Receive Regulatory Approval in China –
– Everest Plans to Launch Commercial Sales of Trodelvy in China in Q4 2022 –
– Conference call will be held to discuss the approval–
SHANGHAI, June 9, 2022 /PRNewswire/ -- Everest Medicines (HKEX 1952.HK, "Everest", or the "Company"), a biopharmaceutical company focused on developing and commercializing transformative pharmaceutical products to address critical unmet needs in Asia Pacific markets, announced today that China's National Medical Products Administration (NMPA) has approved Trodelvy® (sacituzumab govitecan or SG) for the treatment of adult patients with unresectable locally advanced or metastatic triple-negative breast cancer (TNBC) who have received two or more prior systemic therapies, at least one of them for metastatic disease. This is the first drug that Everest has obtained New Drug Application (NDA) approval to launch in China. In May 2021, the NMPA accepted Everest's NDA for Trodelvy with Priority Review designation.
"We are extremely excited for Trodelvy's NDA approval in China as Trodelvy is a first-in-class Trop-2-directed antibody-drug conjugate. This marks a significant milestone for Everest with our first drug approved in our home market, where we hope to continue to bring innovative therapies to people with urgent medical needs," said Kerry Blanchard, MD, PhD, Chief Executive Officer of Everest Medicines. "We want to extend our gratitude to the NMPA and the Center for Drug Evaluation for the Priority Review and fast approval."
"The NMPA approval of Trodelvy will provide an important and new treatment option for Chinese women with metastatic triple-negative breast cancer – a very aggressive and challenging to treat form of the disease. We would like to thank the investigators and patients who participated in the clinical trials for making this possible," said Yang Shi, Chief Medical Officer for Oncology/Immunology at Everest Medicines. "We will continue to work with our partner, Gilead, to advance clinical research of Trodelvy across multiple tumor types as well as earlier lines of therapy."
In November 2021, Everest announced topline results from its Phase 2b EVER-132-001 study of Trodelvy in 80 people, which met its primary endpoint with a 38.8% overall response rate (ORR). The results were consistent with those from the global Phase 3 ASCENT study, thus showing similar efficacy and safety in the Chinese population.
"Patients with triple-negative breast cancer are in urgent need of new and effective treatment options. I have witnessed the introduction of sacituzumab govitecan (Trodelvy) into China, and led the registrational clinical study in the nation," said Professor Binghe Xu, academician of the Chinese Academy of Engineering and director of the National New Drug (Anti-Cancer) Clinical Research Centre who is the principal investigator of Trodelvy's registrational study in China. "I am glad that sacituzumab govitecan has shown similar positive results in the domestic clinical study as those from the global trial. As a clinician, I hope that this new drug can reach patients as early as possible to save more lives."
"There is a significant unmet need among metastatic triple-negative breast cancer patients in China who are waiting eagerly for a better treatment option to extend their lives," said Kevin Guo, Chief Commercial Officer at Everest Medicines. "With the Trodelvy approval in China, we will rapidly expand our sales team to launch this novel product in the fourth quarter this year and bring it to as many hospitals and patients in China as possible."
In addition to mainland China and Singapore where Trodelvy has been approved, Everest is closely coordinating with regulatory bodies in South Korea, Taiwan and Hong Kong to review its applications for Trodelvy for adult patients with unresectable locally advanced or metastatic TNBC who have received two or more prior systemic therapies, at least one of them for metastatic disease.
- In December 2021, the Ministry of Food and Drug Safety (MFDS) of South Korea accepted a New Drug Application (NDA) for Trodelvy. Trodelvy was previously granted Fast Track Designation and Orphan Drug Designation in South Korea.
- In December 2021, the Taiwan Food and Drug Administration accepted submission of NDA for Trodelvy. Trodelvy was previously granted Pediatric and Rare Severe Disease Priority Review Designation in Taiwan.
- In January 2022, the Health Sciences Authority of Singapore approved the Company's NDA for Trodelvy for the treatment of second-line and later-line metastatic TNBC.
- In March 2022, an NDA was submitted to the Department of Health, the Hong Kong Special Administrative Region, China, for Trodelvy for the treatment of second-line metastatic TNBC.
Conference Call Information
A live conference call will be hosted on June 13, 2022 at 8:00 AM Beijing Time (June 12, 2022 at 8:00 PM U.S. Eastern Time).
The live webcast of the conference call will be available at https://event.choruscall.com/mediaframe/webcast.html?webcastid=VjYhqoAG.
To ask questions during the Q&A section, participants shall access the call by dialing the following numbers:
A replay will be available shortly after the call and can be accessed by visiting the Company's website at http://www.everestmedicines.com.
About Triple-Negative Breast Cancer (TNBC)
TNBC is the most aggressive type of breast cancer and accounts for approximately 15% of all breast cancers. The median age of breast cancer diagnoses tends to be younger in Asian than western countries, and the percentage of the TNBC molecular subtype has been increasing in the past 10 years. TNBC cells do not have estrogen and progesterone hormone receptors and have limited or no human epidermal growth factor receptor 2 (HER2) expression. Due to the nature of TNBC, effective treatment options are extremely limited compared with other breast cancer types. TNBC has a higher chance of recurrence and metastases than other breast cancer types. The average time to metastatic recurrence for TNBC is approximately 2.6 years compared with 5 years for other breast cancers, and the relative five-year survival rate is much lower. Among women with metastatic TNBC, the five-year survival rate is 12%, compared with 28% for those with other types of metastatic breast cancer.
About Trodelvy® (Sacituzumab Govitecan)
Trodelvy is a first-in-class Trop-2 directed antibody-drug conjugate. Trop-2 is a cell surface antigen highly expressed in multiple tumor types, including in more than 90% of breast and bladder cancers. Trodelvy is intentionally designed with a proprietary hydrolyzable linker attached to SN-38, a topoisomerase I inhibitor payload. This unique combination delivers potent activity to both Trop-2 expressing cells and the microenvironment.
Trodelvy is approved in more than 35 countries, with multiple additional regulatory reviews underway worldwide, for the treatment of adult patients with unresectable locally advanced or metastatic TNBC who have received two or more prior systemic therapies, at least one of them for metastatic disease. Trodelvy is also approved in the U.S. under the accelerated approval pathway for the treatment of adult patients with locally advanced or metastatic urothelial cancer (UC) who have previously received a platinum-containing chemotherapy and either programmed death receptor-1 (PD-1) or programmed death-ligand 1 (PD-L1) inhibitor.
Trodelvy is also being developed for potential investigational use in other TNBC and metastatic UC populations, as well as a range of tumor types where Trop-2 is highly expressed, including hormone receptor-positive/human epidermal growth factor receptor 2-negative (HR+/HER2-) metastatic breast cancer, metastatic non-small cell lung cancer (NSCLC), metastatic small cell lung cancer (SCLC), head and neck cancer, and endometrial cancer.
Under a licensing agreement with Gilead Sciences, Inc., Everest Medicines has exclusive rights to develop, register, and commercialize Trodelvy for all cancer indications in Greater China, South Korea, and certain Southeast Asian countries. In October 2020, Trodelvy was included in the updated 2020 China Guidelines for the Standardized Diagnosis and Treatment of Advanced Breast Cancer and was also included in the updated 2022 Guidelines for Breast Cancer Diagnosis and Treatment of the Chinese Society of Clinical Oncology in April.
*The TRODELVY trademark is used under license from Gilead Sciences, Inc.
About Everest Medicines
Everest Medicines is a biopharmaceutical company focused on developing and commercializing transformative pharmaceutical products that address critical unmet medical needs for patients in Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record of high-quality clinical development, regulatory affairs, CMC, business development and operations both in China and with leading global pharmaceutical companies. Everest Medicines has built a portfolio of eleven potentially global first-in-class or best-in-class molecules, many of which are in late-stage clinical development. The Company's therapeutic areas of interest include oncology, autoimmune disorders, cardio-renal diseases and infectious diseases. For more information, please visit its website at www.everestmedicines.com.
Forward-Looking Statements
This news release may make statements that constitute forward-looking statements, including descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the business operations and financial condition of the Company, which can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, or other factors, some of which are beyond the control of the Company and are unforeseeable. Therefore, the actual results may differ from those in the forward-looking statements as a result of various factors and assumptions, such as future changes and developments in our business, competitive environment, political, economic, legal and social conditions. The Company or any of its affiliates, directors, officers, advisors or representatives has no obligation and does not undertake to revise forward-looking statements to reflect new information, future events or circumstances after the date of this news release, except as required by law.
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SOURCE Everest Medicines | https://www.wibw.com/prnewswire/2022/06/10/everest-medicines-announces-approval-trodelvy-china-second-line-metastatic-triple-negative-breast-cancer/ | 2022-06-10T03:29:17Z |
NEW YORK, May 6, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SQ, MSFT, TSLA, NOK, and TWTR.
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SOURCE InvestorsObserver | https://www.kxii.com/prnewswire/2022/05/06/thinking-about-trading-options-or-stock-block-microsoft-tesla-nokia-or-twitter/ | 2022-05-06T14:38:25Z |
Millions of American students are heading back to school this month as cities across the US are easing up on Covid-19 restrictions. Many children are thrilled about the return of in-person interactions after the pandemic pause, but odds are that some kids could use a little help rebuilding social ties. Check out these tips on supporting young ones as they begin this particularly exciting school year.
Here's what you need to know to Get Up to Speed and On with Your Day.
(You can get "5 Things You Need to Know Today" delivered to your inbox daily. Sign up here.)
1. Primaries
The primary season continued Tuesday with elections in Wisconsin, Vermont, Minnesota and Connecticut. One of the most closely watched races took place in the pivotal swing state of Wisconsin, where former President Donald Trump's chosen candidate Tim Michels won the Republican primary for governor over a rival backed by former Vice President Mike Pence. In Minnesota, meanwhile, Democratic Rep. Ilhan Omar, a member of the progressive "squad," narrowly survived a close contest for her Minneapolis-based House seat. In Vermont, Democrat Becca Balint is on a path to becoming the first woman to represent the state in Congress. And in Connecticut, Gov. Ned Lamont and Sen. Richard Blumenthal got their GOP challengers in reelection races they're expected to win in November.
2. Trump
Donald Trump is expected to be deposed by lawyers from the New York attorney general's office later today regarding an investigation into the Trump Organization's finances. It is currently unknown whether the former President will answer questions. The deposition comes after the FBI search of Trump's residence in Florida on Monday signaled an extraordinary escalation of a probe into the handling of White House documents from his presidency. Legal experts emphasize that it is a crime to destroy or remove federal records, or to mishandle classified documents. They also say these laws threaten a punishment of disqualification "from holding any office under the United States." Still, it remains unclear how that would apply to a Trump presidential run in 2024 if he were to be convicted under it.
3. Ukraine
The European Union's import ban on Russian coal goes into effect today. The bloc has already imposed several rounds of sanctions aimed at punishing Russian President Vladimir Putin and his government for ordering the invasion of Ukraine, but experts say this move will deal a harsh blow to Russia's economy. The ban marks the first coordinated embargo by the EU on the vast energy exports that power Russia's economy and generate hundreds of billions of dollars in revenue each year. On the ground, Russia's heavy rocket fire and artillery attacks hit multiple regions across Ukraine overnight, from Zaporizhzhia in the south to Kharkiv in the north.
4. Monkeypox
The FDA has authorized a change in how the Jynneos monkeypox vaccine is administered, stretching out the supply amid high demand. The monkeypox vaccine can now be given to high-risk adults in a way that will allow health care providers to get five doses out of a standard one-dose vial. The move could increase the number of vaccine doses in the national stockpile from 441,000 to over 2.2 million, officials said Tuesday. As of today, there are more than 9,000 probable or confirmed monkeypox cases nationwide, according to the CDC. Officials are also emphasizing that people should continue to take steps to protect themselves from the virus even after they're vaccinated, especially those in the hard-hit population of gay and bisexual men.
5. Cuba
A massive fire in Cuba was contained by firefighters Tuesday -- five days after lightning struck a large oil storage tank. Officials described the fire in the city of Matanzas as the worst in Cuba's history after it destroyed 40% of the Caribbean island's main fuel storage facility and caused widespread blackouts, according to a Reuters report. Matanzas is Cuba's largest port for receiving crude oil and fuel imports. Cuban heavy crude, as well as fuel oil and diesel stored in Matanzas in 10 huge tanks, are mainly used to generate electricity on the island. The huge blaze comes at a time when Cuba faces a deepening energy crisis amid fuel shortages.
BREAKFAST BROWSE
Gorilla's sliding entrance goes viral
"Are you not entertained?" Watch this gorilla stun zoo visitors with a dramatic and commanding entrance.
Richer people are eating more at IHOP and Applebee's
Which would you prefer: a $900 tin of caviar or a $9 stack of pancakes? Here's why some chain restaurants are seeing a boost in sales.
This travel company wants tourists to visit Ukraine right now
Hmmm... a tourist organization is selling tickets to experience what it's like in the middle of a war. But for obvious reasons, Ukrainian and US officials are advising against it.
Online shopping prices are suddenly falling fast
We love good inflation news. If you want to treat yourself to a little retail therapy, now is a great time to snag online deals.
NFL owners unanimously approve sale of Denver Broncos
The heir of Walmart and his family are purchasing the Denver Broncos for a reported record price. (Sidenote: Only 29 more days until football season!)
TODAY'S NUMBER
7.9 million
That's how many shares of Tesla stock CEO Elon Musk sold in recent days, sparking concern among Tesla investors. Musk raised $6.9 billion from the sale, but it comes as shares of Tesla have lost nearly 20% of their value this year. Musk previously sold Tesla shares primarily when he needed to raise cash to pay a looming multibillion-dollar tax bill.
TODAY'S QUOTE
"This outcome is unfortunate, but predictable, news."
-- Rev. Wheeler Parker Jr., a cousin of Emmitt Till, reacting after a grand jury on Tuesday declined to indict Carolyn Bryant Donham -- the White woman who accused 14-year-old Emmett Till of making advances toward her nearly 70 years ago. Those allegations led to the Black teen's brutal death in the Jim Crow-era South and spurred the civil rights movement in America.
TODAY'S WEATHER
AND FINALLY
Dog meets seal
Watch a land dog meet a water dog for the first time! (Click here to view)
The-CNN-Wire
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Stacker compiled a list of counties with the highest unemployment in Georgia using data from the U.S. Bureau of Labor Statistics. Click for more. | https://www.albanyherald.com/news/5-things-to-know-for-august-10-primaries-trump-ukraine-monkeypox-cuba/article_3b00bd2d-9101-5074-853d-0bbab61efc21.html | 2022-08-10T11:21:38Z |
NEW YORK , May 17, 2022 /PRNewswire/ -- We are thrilled to announce that Alexandra Vino's "GREEN KOLA," won the Grand Jury Prize, out of 80 films, for "Best Short Film" at The Paris Independent Film Festival. The festival supports women filmmakers and indie projects and is in the highbrow market of France's movie crowd.
Green Kola was written and directed by Alexandra, and she acts in the production. Vino teamed up with the stylish Ukrainian videographer Lera Loeb as the producer. She plays a heightened version of herself in the film. Along with renowned fashion photographer and entrepreneur, Antoine Verglas. Verglas serves the role of executive producer and plays a heightened version of himself in the film as well.
The rest of the ensemble cast is iconic:
The stunning supermodel, and comedian, Eugenia Kuzmina. The celebrity chef, and restaurateur Todd English. The amazing Katherine Wallach, from Goodfellas and Gangs of New York.
Green Kola is the second award-winning short film written, directed, co-produced, and acted in on film from Ms. Vino.
The Paris Independent Shorts Festival jury selection described Green Kola as "an amazing project which captivated our jury with its uniqueness, humor, and originality of its portrayal."
Green Kola conveys the inner workings of the opportunistic players in the film industry that revolve around a Hollywood Starlet, Nina Finch. The story of the film is set in New York City and follows Antoine Verglas, France's top photographer who has been selected to shoot for this year's most anticipated fashion campaign. Green Kola gained much deserved attention through its debut at the event. The mockumentary comedy is meant to convey through humor that the 'glamorous' lives led by many Hollywood film professionals are a façade. The film delves into the metaphor by analyzing America's Sweetheart, Nina Finch, and the underlying elements of her seemingly perfect lifestyle as a Hollywood star.
We asked the team a few questions:
Where/how did you pull together such a dynamic cast? -This film was inspired by my experience working with Antoine and Lera. I feel the energy of Antoine's Photo Studio has a life of its own, and it motivated me to write Green Kola. The cast came out of my personal rolodex. I called my long-time friends and offered them the roles. Nobody auditioned. Most of the cast I had worked with before, besides the cast that was brand new!
Where did the name Green Kola originate? -This title is meant to raise a few questions. What is Green Kola? Well, it's a drink made to mock the health food industry, where most of the time these trendy diet foods fall into the category of inedible. It's the best! The Healthiest! Let's put America's Sweetheart on there and people will believe it's worth buying. The satirical humor surrounding the "Green Kola" product campaign runs the whole show.
What inspires you as a filmmaker? -My favorite part of filmmaking is collaborating with other artists. My inspiration comes from a large range of places: from life, art, the state of the world. Deepening myself as a person has always reflected in the evolution of my work. I worked on over 30 movies as an actor and I watched some terrific directors bring out the best in their films. I love the joy of working with actors and non-actors to create realism. The truth makes the comedy funnier! Antoine Verglas, Lera Loeb, Alexandra Vino are teaming up again to make a full length feature that parodies the film industry…
For more information Contact Vicky Press Media vickypresspr@gmail.com
You can view the trailer for Green Kola here. https://vimeo.com/683536496
http://www.filmfestival.paris/festival/
https://www.alexandravinoarts.com/
https://www.instagram.com/tastethevino/
https://www.imdb.com/name/nm3857508/
https://www.imdb.com/title/tt19119542/?ref_=nm_knf_i1
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SOURCE Alexandra Vino | https://www.wibw.com/prnewswire/2022/05/17/green-kola-wins-best-short-film-award-paris-independent-film-festival-recently/ | 2022-05-18T00:14:34Z |
PRINCETON, N.J., May 18, 2022 /PRNewswire/ -- WCG, the world's leading provider of solutions that measurably improve the quality and efficiency of clinical research, today announced it has appointed Sam Srivastava as Chief Executive Officer. Srivastava joins WCG from NeueHealth, a tech enabled risk bearing care delivery company, where he also served as CEO. He succeeds Dr. Donald Deieso, upon his retirement.
In his role as CEO, Srivastava will oversee all WCG global operations. In a career spanning 30 years, Srivastava has been a recognized thought leader and strategist in the healthcare industry. Prior to NeueHealth, he held executive leadership roles for companies including Bright Health, Magellan Healthcare, Cigna, and United Health Group.
"Joining WCG at this pivotal moment in their growth and transformation is an honor," remarked Srivastava. "The clinical trials industry is in need of disruption, and WCG is the only company in the market with the solutions, data, technology, and expertise to make it happen. We are in a unique position to drive the advancement needed throughout the clinical trials ecosystem to enable the delivery of better healthcare. I'm excited to join this trailblazing team and lead this innovative strategy."
"As WCG continues to shape the clinical trials sector, I am excited that Sam, a recognized and respected industry leader with deep expertise and an exceptional track record, will be leading the WCG team. His unique perspectives and expertise in strategy, development, integration, and operations will drive deeper awareness and preference for WCG's differentiated solutions with our rapidly expanding network of customers and partners while also strengthening our market position," said Dr. Deieso.
About WCG
WCG is the world's leading provider of solutions that measurably improve the quality and efficiency of clinical research. Comprised of two divisions, the industry's first central IRB – WCG IRB – and first clinical services organization, WCG enables biopharmaceutical companies, CROs, and institutions to advance the delivery of new treatments and therapies to patients, while maintaining the highest standards of human participant protection. For more information, please visit www.wcgirb.com, www.wcgclinical.com or follow us on Twitter @WCGClinical or LinkedIn.
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SOURCE WCG | https://www.wibw.com/prnewswire/2022/05/18/wcg-appoints-sam-srivastava-chief-executive-officer/ | 2022-05-18T14:15:17Z |
SAN FRANCISCO, April 8, 2022 /PRNewswire/ -- DoorDash, Inc. (NYSE: DASH) today announced that the company's first quarter 2022 financial results will be released after market close on Thursday, May 5, 2022. The company's earnings press release and shareholder letter will be made available on the DoorDash Investor Relations website at ir.doordash.com.
DoorDash will host a conference call to discuss its results at 2 p.m. PT / 5 p.m. ET the same day. Interested parties may register for and access the live webcast of the call at the DoorDash Investor Relations website at ir.doordash.com. Following the call, a replay will be available at the same website.
DoorDash announces material information to the public through a variety of means, including filings with the Securities and Exchange Commission, press releases, public conference calls, webcasts, the investor relations section of its website (ir.doordash.com), and its blog (doordash.news) in order to achieve broad, non-exclusionary distribution of information to the public and for complying with its disclosure obligations under Regulation FD.
About DoorDash
DoorDash (NYSE: DASH) is a technology company that connects consumers with their favorite businesses across the United States, Canada, Australia, Japan, and Germany. Founded in 2013, DoorDash enables local businesses to address consumers' expectations of ease and immediacy and thrive in today's convenience economy. By building the logistics infrastructure for local commerce, DoorDash is bringing communities closer, one doorstep at a time.
Investor Relations Contact
ir@doordash.com
Press Contact
press@doordash.com
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SOURCE DoorDash | https://www.kxii.com/prnewswire/2022/04/08/doordash-announce-first-quarter-2022-results-may-5-2022/ | 2022-04-08T14:39:03Z |
DALLAS, May 4, 2022 /PRNewswire/ - Cresco Capital Partners II, LLC ("Cresco") today announced that it has filed an amended early warning report under National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues for the purpose of updating its report on the acquisition of 14,960,957 subordinate voting shares (the "Shares") of Harborside Inc. ("Harborside") in connection with an agreement dated April 29, 2022 among Harborside UL Holdings Inc. ("Urbn Leaf") and SUB CCP URBN, LLC whereby Harborside repaid certain outstanding promissory notes by: (i) a cash payment in the amount of US$358,541.10; and (ii) the issuance of US$5.87 million worth of Shares at a price of $0.45 per Share (the "Note Repayment").
Completion of the Note Repayment resulted in the issuance of 14,960,957 Shares to Cresco, representing an increase in Cresco's interest in the Shares of approximately 5.5% on a partially diluted basis. Collectively, the interest of Cresco, CCP Flrish Inc. ("CCPF"), Cresco Capital Partners, LLC ("CCP"), RARCOZ, LLC ("RAR"), CCP URBN, LLC ("CCPU"), Matthew Hawkins ("Hawkins") and Andrew Sturner ("Sturner" and together with CCPF, CCP and Hawkins, each a "joint actor" (as such term is defined in National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues) of Cresco, and together with Cresco, the "Cresco Parties") in the Shares as a result of the Note Repayment increased by approximately 5.9% on a partially diluted basis.
Immediately prior to the Note Repayment, assuming that Cresco is only entitled to 2,057,025 Shares pursuant to the acquisition of Sublimation Inc. ("Sublime") by Harborside, that Creso is entitled to 2,111,167 Shares pursuant to the acquisition of Urbn Leaf by Harborside, that RAR is entitled to 791,664 Shares pursuant to the acquisition of Urbn Leaf by Harborside and that CCPU is entitled to 1,256,059 Shares pursuant to the acquisition of Urbn Leaf by Harborside, (i) Cresco beneficially owned, and exercised control or direction over (A) 8,415,830 Shares and (B) warrants (the "Warrants") exercisable to acquire an aggregate of 3,550,000 Shares, representing approximately 3.6% of the issued and outstanding Shares on a non-diluted basis and approximately 5.0% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Warrants held by Cresco; (ii) CCPF beneficially owned, and exercised control or direction over 385,542 Shares, representing approximately 0.2% of the issued and outstanding Shares on a non-diluted basis; (iii) CCP beneficially owned, and exercised control or direction over 96,385 Shares, representing approximately 0.1% of the issued and outstanding Shares on a non-diluted basis; (iv) RAR beneficially owned, and exercised control or direction over 791,664 Shares, representing approximately 0.3% of the issued and outstanding Shares on a non-diluted basis; (v) CCPU beneficially owned, and exercised control or direction over 1,256,059 Shares, representing approximately 0.5% of the issued and outstanding Shares on a non-diluted basis; (v) Hawkins beneficially owned, and exercised control or direction over options (the "Options") exercisable into an aggregate of 333,350 Shares and restricted share units (the "RSUs") convertible into an aggregate of 450,000 Shares, representing approximately 0.3% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Options and RSUs held by Hawkins; and (vi) Sturner beneficially owned, and exercised control or direction over (A) 125,100 Shares; (B) Warrants exercisable to acquire 125,100 Shares; and (C) Options exercisable into an aggregate of 180,000 Shares, representing approximately 0.1% of the issued and outstanding Shares on a non-diluted basis and approximately 0.2% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Warrants and Options held by Sturner.
Collectively, assuming that Cresco is only entitled to 2,057,025 Shares pursuant to the acquisition of Sublime by Harborside, that Cresco is entitled to 2,111,167 Shares pursuant to the acquisition of Urbn Leaf by Harborside, that RAR is entitled to 791,664 Shares pursuant to the acquisition of Urbn Leaf by Harborside and that CCPU is entitled to 1,256,059 Shares pursuant to the acquisition of Urbn Leaf by Harborside, immediately prior to the completion of the Note Repayment, the Cresco Parties owned or exercised control or direction over an aggregate of (i) 11,070,580 Shares; (ii) Warrants exercisable to acquire an aggregate of 3,675,100 Shares; (iii) Options exercisable into an aggregate of 513,350 Shares; and (iv) RSUs convertible into an aggregate of 450,000 Shares, representing approximately 4.7% of the issued and outstanding Shares on a non-diluted basis and approximately 6.5% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Warrants, Options and RSUs held by the Cresco Parties.
Following the completion of the Note Repayment, assuming that Cresco is only entitled to 2,057,025 Shares pursuant to the acquisition of Sublime by Harborside, that Cresco is entitled to 2,111,167 Shares pursuant to the acquisition of Urbn Leaf by Harborside, that RAR is entitled to 791,664 Shares pursuant to the acquisition of Urbn Leaf by Harborside and that CCPU is entitled to 1,256,059 Shares pursuant to the acquisition of Urbn Leaf by Harborside, (i) Cresco beneficially owns, and exercises control or direction over (A) 23,376,787 Shares and (B) Warrants exercisable to acquire an aggregate of 3,550,000 Shares, representing approximately 9.3% of the issued and outstanding Shares on a non-diluted basis and approximately 10.5% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Warrants held by Cresco; (ii) CCPF beneficially owns, and exercises control or direction over 385,542 Shares, representing approximately 0.2% of the issued and outstanding Shares on a non-diluted basis; (iii) CCP beneficially owns, and exercises control or direction over 96,385 Shares, representing approximately 0.1% of the issued and outstanding Shares on a non-diluted basis; (iv) RAR beneficially owned, and exercised control or direction over 791,664 Shares, representing approximately 0.3% of the issued and outstanding Shares on a non-diluted basis; (v) CCPU beneficially owned, and exercised control or direction over 1,256,059 Shares, representing approximately 0.5% of the issued and outstanding Shares on a non-diluted basis; (v) Hawkins beneficially owns, and exercises control or direction over Options exercisable into an aggregate of 333,350 Shares and RSUs convertible into an aggregate of 450,000 Shares, representing approximately 0.3% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Options and RSUs held by Hawkins; and (vi) Sturner beneficially owned, and exercised control or direction over (A) 125,100 Shares; (B) Warrants exercisable to acquire 125,100 Shares; and (C) Options exercisable into an aggregate of 180,000 Shares, representing approximately 0.1% of the issued and outstanding Shares on a non-diluted basis and approximately 0.2% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Warrants and Options held by Sturner.
Collectively, assuming that Cresco is only entitled to 2,057,025 Shares pursuant to the acquisition of Sublime by Harborside, that Cresco is entitled to 2,111,167 Shares pursuant to the acquisition of Urbn Leaf by Harborside, that RAR is entitled to 791,664 Shares pursuant to the acquisition of Urbn Leaf by Harborside and that CCPU is entitled to 1,256,059 Shares pursuant to the acquisition of Urbn Leaf by Harborside, immediately following the completion of the Note Repayment, the Cresco Parties own or exercise control or direction over an aggregate of (i) 26,031,537 Shares; (ii) Warrants exercisable to acquire an aggregate of 3,675,100 Shares; (iii) Options exercisable into an aggregate of 513,350 Shares; and (iv) RSUs convertible into an aggregate of 450,000 Shares, representing approximately 10.3% of the issued and outstanding Shares on a non-diluted basis and approximately 12.7% of issued and outstanding Shares on a partially-diluted basis, assuming the exercise of the Warrants, Options and RSUs held by the Cresco Parties.
While Cresco currently has no immediate plans or intentions with respect to the securities of Harborside, depending on regulatory changes, market conditions, general economic and industry conditions, trading prices, Harborside's business, financial conditions and prospects and/or other relevant factors, Cresco may develop such plans or intentions in the future and, at such time, may from time to time acquire additional securities of Harborside.
A copy of the early warning report filed by Cresco with respect to the Shares will be available under Harborside's profile on SEDAR at www.sedar.com or by contacting Cresco at (254) 266-6322. Harborside's head office is located at 2100 Embarcadero, Suite 202, Oakland, California, 94606. Cresco's head office is located at 2801 Woodside Street, Dallas, Texas, 75204.
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SOURCE Cresco | https://www.kxii.com/prnewswire/2022/05/04/cresco-capital-partners-ii-llc-announces-filing-amended-early-warning-report-regarding-harborside-inc/ | 2022-05-05T01:58:07Z |
CHICAGO, Aug. 9, 2022 /PRNewswire/ -- HUB International Limited (Hub), a leading full-service global insurance brokerage and financial services firm, announced today that it has hired financial advisor Bill McClain, President of WT McClain & Associates, Ltd., and acquired his book of business.
Based in Wilmette, Illinois, Bill McClain has been involved in the financial services industry for nearly 30 years assisting a variety of clients on understanding their investment objectives and risk management. McClain's expertise ranges from employee education and investment due diligence/asset allocation to vendor reviews/cost management and investment fiduciary liability management.
This move continues to expand Hub RPW with the addition of talent and resources to develop more comprehensive strategies for clients. Hub RPW works to help plan sponsors create an offering that aligns with their business strategy, navigates fiduciary risk and helps employees pursue their financial goals. The several registered investment advisory affiliates in Hub RPW provide investment advisory services to clients whose total assets are approximately $142 billion.
About Hub Retirement and Private Wealth
Hub Retirement and Private Wealth ("RPW") offers institutional and retirement services to for-profit and not-for-profit organizations and customized private wealth management services to individuals and families. Employees of Hub offer securities through partner Broker Dealers not affiliated with Hub. Employees of Hub provide advisory services through both affiliated and unaffiliated Registered Investment Advisors (RIA). Global Retirement Partners, LLC, Millennium Advisory Services, Inc, TCG Advisory Services, LLC, Hub Investment Advisors, LLC, Hub International Investment Advisory Services, Inc., and Sheridan Road Advisors, LLC are wholly owned subsidiaries of Hub. Learn more about Hub Retirement and Private Wealth.
About Hub's M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 14,000 employees in offices located throughout North America, Hub's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow. For more information, please visit www.hubinternational.com.
CONTACT:
Media: Jessica Wiltse
Phone: 312-596-7573
jessica.wiltse@hubinternational.com
M&A: Clark Wormer
Phone: 312-279-4848
Clark.wormer@hubinternational.com
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SOURCE Hub International Limited | https://www.kxii.com/prnewswire/2022/08/09/hub-international-bolsters-retirement-plan-consulting-services-with-addition-bill-mcclain-illinois/ | 2022-08-09T13:01:03Z |
New life for Louisville office building. Different owner, more tenants at KMG Center
LOUISVILLE – A number of companies are relocating into the former Ohio headquarters of Chesapeake Energy, and other businesses are being offered a chance to join.
Klingelhofer Management Group, or KMG, is moving its headquarters to the office building, which is owned by an investor group called 2321 Energy Drive-Louisville.
KMG will bring several of its businesses to the location at 3588 Beck Ave. SW, which has been renamed KMG Center.
More:Priority for Tom Pukys is economic development in Louisville
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Four KMG entities — Alliance Crane & Rigging, DirtWorks Drainage, Advanced TechWorks and TerraWorks Property Management — are relocating to the Energy Drive property.
A fifth company, Special Power Sources LLC, currently is based in Alliance, will relocate to the facility soon, KMG officials said.
Family-owned KMG began when the Klingelhofers started DirtWorks Drainage in 2006. According to the DirtWorks website, Kurt and Diane Klingelhofer have been involved with agricultural services for more than 30 years and four of their sons are involved with the companies.
KMG Center provides the Klingelhofers with a location where they can centralize operations, said Deanna Corll, KMG's vice president for business management and development.
Meanwhile, the building has space for other companies.
Office space is available, and Corll said several tenants have expressed an interest. Another option is leasing co-working space. The building also has space available for corporate and training events, civic meetings and social gatherings such as weddings.
"We already have several exciting events scheduled for later this year," Corll said.
Louisville officials are happy the building, which has been vacant since the coronavirus pandemic, has been purchased and is being occupied.
"It's great to see some new life in there," said Tom Pukys, city manager.
Chesapeake Energy announced plans for the five-story building in July 2012. It opened in June 2014, serving as regional headquarters for Chesapeake's Utica Shale drilling operation.
Eventually Chesapeake would sell it Utica Shale holdings to Encino in a $2 billion deal that closed in November 2018.
Encino used the building until March 2020 when workers headed home because of the pandemic. Encino's workforce stayed at home, and the company decided it would sell the office building it no longer used.
The building anchors a business park that Louisville worked with property owners Groffre Investments to develop. The project included construction of Energy Drive, which connected Beck Avenue on the west to Route 44 on the east.
Groffre Investments owns most of the property in the business park and is working to get it developed. "There's just great potential there," Pukys said. | https://www.cantonrep.com/story/news/2022/06/15/louisville-building-renamed-kmg-center-house-multiple-companies-encino-chesapeake-energy/7472560001/ | 2022-06-15T17:53:54Z |
Man arrested for threatening students with weapon hidden in chip bag
By Ricardo Tovar
Click here for updates on this story
SALINAS, California (KION) — Salinas Police Department said they arrested a man near Washington Middle School after he brandished a handlebar that was shaped like a gun at three students.
Police received a call at 9:45 a.m. about an attempted robbery on Iverson Street at Geil Street.
Gerardo Simon Sanchez, 54, pulled what appeared to be a firearm from his waistband and pointed it at three students and told one of them to get off his bike, according to police.
The students fled from him.
A witness called 911 and told officers that a homeless man with a gun was threatening children near Salinas High School.
Police said they located a man matching the description given by the witness on Giel Street as Washington Middle School was on precautionary lockdown.
When officers approached Sanchez, he pulled out a weapon from his waistband and put it in a tortilla chip bag.
The firearm turned out to be a bicycle handlebar gooseneck cut to the size of a handgun.
Sanchez was arrested and booked into Monterey County jail and is facing attempted robbery charges.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/news/2022/04/14/man-arrested-for-threatening-students-with-weapon-hidden-in-chip-bag/ | 2022-04-14T20:59:28Z |
- GAAP net earnings margin of 6.4% (down 170 basis points) and ongoing (non-GAAP) EBIT margin(2) of 9.4% (down 300 basis points), despite increased inflation of over $400 million
- Delivered GAAP and ongoing (non-GAAP) earnings per diluted share(1) of $5.33 and $5.31, respectively
- Robust sales growth compared to pre-pandemic levels with healthy underlying consumer demand
- The North America region delivered strong performance with EBIT(3) margins of 16.3% in a supply constrained environment, as cost-based price increases partially offset inflation
- Revised full-year 2022 guidance to $24.00 to $26.00 earnings per diluted share on a GAAP and ongoing basis(2), cash provided by operating activities of $1.95 billion and free cash flow(4) of $1.25 billion
- Increased share repurchase authorization by $2 billion and repurchased $533 million of shares in the quarter; Approximately $2.9 billion in remaining repurchase authorization
- Initiated strategic review of our EMEA business; such assessment expected to be concluded by Q3 2022
- Committed to accelerating the transformation of our portfolio with a focus on high growth and high margin businesses
- Strong balance sheet supports various strategic initiatives
BENTON HARBOR, Mich., April 25, 2022 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR), committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home, today reported first quarter 2022 financial results.
KEY RESULTS
CASH FLOW
QUARTERLY HIGHLIGHTS
- Robust net sales growth of 13.8% and organic net sales (non-GAAP) growth of 17.3% compared to 2020 levels, with strong underlying demand for Whirlpool products
- Go-to-market actions delivered 600 basis points of price/mix with positive contribution from every region across the globe
- Increased quarterly dividend by 25% to $1.75 per share, ten consecutive years of dividend increases
REGIONAL REVIEW
- Industry volumes down 4 percent year over year, up 24 percent compared to 2019
- EBIT margin(3) of 16.3 percent, compared to 19.9 percent in the same prior-year period, driven by inflation and operating inefficiencies partially offset by cost-based price increases
- Demand negatively impacted by war in Ukraine; Revenue decline, excluding currency, of 0.5 percent
- EBIT margin(3) of (2.5) percent, compared to 1.8 percent in the same prior-year period, impacted by inflation, partially offset by cost-based price increases and cost actions
- Revenue growth driven by cost-based price increases
- EBIT margin(3) of 7.1 percent, compared to 8.5 percent in the same prior-year period, impacted by inflation partially offset by top-line results
- Top-line decline largely attributed to Whirlpool China divestiture(5)
- EBIT margin(3) of 4.8 percent, compared to 5.1 percent in the same prior-period year, impacted by inflation, partially offset by cost-based price increases
FULL-YEAR 2022 OUTLOOK
- Expect full-year 2022 net sales growth of 2 to 3 percent
- Reduced earnings per diluted share to $24.00 to $26.00 from $27.00 to $29.00 on a GAAP and ongoing basis
- Reduced cash provided by operating activities to $1.95 billion from $2.2 billion and free cash flow(4) to $1.25 billion from $1.5 billion
- GAAP and adjusted tax rate (non-GAAP) of 24 to 26 percent remain unchanged
ABOUT WHIRLPOOL CORPORATION
Whirlpool Corporation (NYSE: WHR) is committed to being the best global kitchen and laundry company, in constant pursuit of improving life at home. In an increasingly digital world, the company is driving purposeful innovation to meet the evolving needs of consumers through its iconic brand portfolio, including Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir, Indesit and Yummly. In 2021, the company reported approximately $22 billion in annual sales, 69,000 employees and 54 manufacturing and technology research centers. Additional information about the company can be found at WhirlpoolCorp.com.
WEBSITE DISCLOSURE
We routinely post important information for investors on our website, WhirlpoolCorp.com, in the "Investors" section. We also intend to update the "Hot Topics Q&A" portion of this webpage as a means of disclosing material, non-public information and for complying with our disclosure obligations under Regulation FD. Accordingly, investors should monitor the "Investors" section of our website, in addition to following our press releases, SEC filings, public conference calls, presentations and webcasts. The information contained on, or that may be accessed through, our webpage is not incorporated by reference into, and is not a part of, this document.
WHIRLPOOL ADDITIONAL INFORMATION
This document contains forward-looking statements about Whirlpool Corporation and its consolidated subsidiaries ("Whirlpool") that speak only as of this date. Whirlpool disclaims any obligation to update these statements. Forward-looking statements in this document may include, but are not limited to, statements regarding future financial results, long-term value creation goals, portfolio transformation, restructuring and repurchase expectations, productivity, direct-to-consumer sales growth, raw material prices and the impact of COVID-19 and the Russia/Ukraine conflict on our operations. Such statements can be identified by the use of terminology such as "may," "could," "will," "should," "possible," "plan," "predict," "forecast," "potential," "anticipate," "estimate," "expect," "project," "intend," "believe," "may impact," "on track," and similar words or expressions. Many risks, contingencies and uncertainties could cause actual results to differ materially from Whirlpool's forward-looking statements. Among these factors are: (1) the ongoing Russian invasion of Ukraine and related conflict and sanctions; (2) COVID-19 pandemic-related business disruptions and economic uncertainty; (3) intense competition in the home appliance industry reflecting the impact of both new and established global competitors, including Asian and European manufacturers, and the impact of the changing retail environment, including direct-to-consumer sales; (4) Whirlpool's ability to maintain or increase sales to significant trade customers and the ability of these trade customers to maintain or increase market share; (5) Whirlpool's ability to maintain its reputation and brand image; (6) the ability of Whirlpool to achieve its business objectives and leverage its global operating platform, and accelerate the rate of innovation; (7) Whirlpool's ability to understand consumer preferences and successfully develop new products; (8) Whirlpool's ability to obtain and protect intellectual property rights; (9) acquisition and investment-related risks, including risks associated with our past acquisitions; (10) Whirlpool's ability to navigate risks associated with our presence in emerging markets; (11) risks related to our international operations, including changes in foreign regulations; (12) Whirlpool's ability to respond to unanticipated social, political and/or economic events; (13) information technology system failures, data security breaches, data privacy compliance, network disruptions, and cybersecurity attacks; (14) product liability and product recall costs; (15) the ability of suppliers of critical parts, components and manufacturing equipment to deliver sufficient quantities to Whirlpool in a timely and cost-effective manner; (16) our ability to attract, develop and retain executives and other qualified employees; (17) the impact of labor relations; (18) fluctuations in the cost of key materials (including steel, resins, copper and aluminum) and components and the ability of Whirlpool to offset cost increases; (19) Whirlpool's ability to manage foreign currency fluctuations; (20) impacts from goodwill impairment and related charges; (21) triggering events or circumstances impacting the carrying value of our long-lived assets; (22) inventory and other asset risk; (23) health care cost trends, regulatory changes and variations between results and estimates that could increase future funding obligations for pension and postretirement benefit plans; (24) litigation, tax, and legal compliance risk and costs, especially if materially different from the amount we expect to incur or have accrued for, and any disruptions caused by the same; (25) the effects and costs of governmental investigations or related actions by third parties; (26) changes in the legal and regulatory environment including environmental, health and safety regulations, and taxes and tariffs; (27) Whirlpool's ability to respond to the impact of climate change and climate change regulation; and (28) the uncertain global economy and changes in economic conditions which affect demand for our products. Additional information concerning these and other factors can be found in Whirlpool's filings with the Securities and Exchange Commission, including the most recent annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. Price increases and/or actions referred to throughout the document reflect previously announced cost-based price increases.
SUPPLEMENTAL INFORMATION - CONSOLIDATED FINANCIAL STATEMENTS RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES
(Millions of dollars except per share data)
(Unaudited)
We supplement the reporting of our financial information determined under U.S. generally accepted accounting principles (GAAP) with certain non-GAAP financial measures, some of which we refer to as "ongoing" measures, including earnings before interest and taxes (EBIT), EBIT margin, ongoing EBIT, ongoing EBIT margin, ongoing earnings per diluted share, adjusted effective tax rate, sales excluding currency and free cash flow. Ongoing measures exclude items that may not be indicative of, or are unrelated to, results from our ongoing operations and provide a better baseline for analyzing trends in our underlying businesses. Sales excluding foreign currency is calculated by translating the current period net sales, in functional currency, to U.S. dollars using the prior-year period's exchange rate compared to the prior-year period net sales. Management believes that sales excluding foreign currency provides stockholders with a clearer basis to assess our results over time, excluding the impact of exchange rate fluctuations. Management believes that adjusted tax rate provides investors with a meaningful, consistent comparison of the Company's effective tax rate, excluding the pre-tax income and tax effect of certain unique items. Management believes that free cash flow and adjusted free cash flow provides investors and stockholders with a relevant measure of liquidity and a useful basis for assessing the company's ability to fund its activities and obligations. The Company provides free cash flow related metrics, such as adjusted free cash flow as a percentage of net sales, as long-term management goals, not an element of its annual financial guidance, and as such does not provide a reconciliation of adjusted free cash flow to cash provided by (used in) operating activities, the most directly comparable GAAP measure, for these long-term goal metrics. Whirlpool does not provide a non-GAAP reconciliation for its forward-looking long-term value creation goals, such as organic net sales, EBIT, free cash flow conversion, ROIC and gross debt/EBITDA, as these long-term management goals are not annual guidance, and the reconciliation of these long-term measures would rely on market factors and certain other conditions and assumptions that are outside of the company's control. We believe that these non-GAAP measures provide meaningful information to assist investors and stockholders in understanding our financial results and assessing our prospects for future performance, and reflect an additional way of viewing aspects of our operations that, when viewed with our GAAP financial measures, provide a more complete understanding of our business. Because non-GAAP financial measures are not standardized, it may not be possible to compare these financial measures with other companies' non-GAAP financial measures having the same or similar names. These ongoing financial measures should not be considered in isolation or as a substitute for reported net earnings available to Whirlpool per diluted share, net earnings, net earnings available to Whirlpool, net earnings margin, net sales, effective tax rate and cash provided by (used in) operating activities, the most directly comparable GAAP financial measures. We also disclose segment EBIT an important financial metric used by the Company's Chief Operating Decision Maker to evaluate performance and allocate resources in accordance with ASC 280 - Segment Reporting. GAAP net earnings available to Whirlpool per diluted share and ongoing earnings per diluted share are presented net of tax, while individual adjustments in each reconciliation are presented on a pre-tax basis; the income tax impact line item aggregates the tax impact for these adjustments. The tax impact of individual line item adjustments may not foot precisely to the aggregate income tax impact amount, as each line item adjustment may include non-taxable components. Historical quarterly earnings per share amounts are presented based on a normalized tax rate adjustment to reconcile quarterly tax rates to full-year tax rate expectations. We strongly encourage investors and stockholders to review our financial statements and publicly-filed reports in their entirety and not to rely on any single financial measure.
FIRST-QUARTER 2022 ONGOING EARNINGS BEFORE INTEREST AND TAXES AND ONGOING EARNINGS PER DILUTED SHARE
The reconciliation provided below reconciles the non-GAAP financial measures ongoing earnings before interest and taxes and ongoing earnings per diluted share, with the most directly comparable GAAP financial measures, net earnings available to Whirlpool and net earnings per diluted share available to Whirlpool, for the three months ended March 31, 2022. Net earnings margin is calculated by dividing net earnings available to Whirlpool by net sales. Ongoing EBIT margin is calculated by dividing ongoing EBIT by net sales. EBIT margin is calculated by dividing EBIT by net sales. The earnings per diluted share GAAP measure and ongoing measure are presented net of tax, while each adjustment is presented on a pre-tax basis. Our first-quarter GAAP tax rate was 24.8%. The aggregate income tax impact of the taxable components of each adjustment is presented in the income tax impact line item at our first-quarter adjusted tax rate (non-GAAP) of 25.0%.
FIRST-QUARTER 2021 ONGOING EARNINGS BEFORE INTEREST AND TAXES AND ONGOING EARNINGS PER DILUTED SHARE
The reconciliation provided below reconciles the non-GAAP financial measures ongoing earnings before interest and taxes and ongoing earnings per diluted share, with the most directly comparable GAAP financial measures, net earnings available to Whirlpool and net earnings per diluted share available to Whirlpool, for the three months ended March 31, 2021. Net earnings margin is calculated by dividing net earnings available to Whirlpool by net sales. Ongoing EBIT margin is calculated by dividing ongoing EBIT by net sales. EBIT margin is calculated by dividing EBIT by net sales. The earnings per diluted share GAAP measure and ongoing measure are presented net of tax, while each adjustment is presented on a pre-tax basis. Our first-quarter GAAP tax rate was 26.5%. The aggregate income tax impact of the taxable components of each adjustment is presented in the income tax impact line item at our first-quarter adjusted tax rate (non-GAAP) of 25.0%.
ORGANIC NET SALES
The reconciliation provided below reconciles the non-GAAP financial measure organic net sales to GAAP reported net sales, for three months ended March 31, 2020 and 2022 for the company.
FREE CASH FLOW
Free cash flow is cash provided by (used in) operating activities after capital expenditures. The reconciliation provided below reconciles three months ended March 31, 2022 and 2021 and 2022 full-year free cash flow with cash provided by (used in) operating activities, the most directly comparable GAAP financial measure. Free cash flow as a percentage of net sales is calculated by dividing free cash flow by net sales.
Throughout 2021 and comparable periods, the Company defined adjusted free cash flow as cash provided by (used in) operating activities less capital expenditures and including proceeds from the sale of assets/businesses, and changes in restricted cash. Starting in 2022, the Company presents free cash flow which is cash provided by (used in) operating activities less capital expenditures. Adjusted free cash flow of $132 million for the first quarter of 2021 has been restated to $109 million free cash flow measure to conform with current year presentation.
*Financial guidance on a GAAP basis for cash provided by (used in) financing activities and cash provided by (used in) investing activities has not been provided because in order to prepare any such estimate or projection, the Company would need to rely on market factors and certain other conditions and assumptions that are outside of its control.
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SOURCE Whirlpool Corporation | https://www.wibw.com/prnewswire/2022/04/25/whirlpool-delivers-solid-q1-initiating-emea-strategic-review-further-focusing-portfolio-high-growth-high-margin-businesses/ | 2022-04-25T21:22:20Z |
Georgia Secretary of State Brad Raffensperger is set to testify Tuesday at the House Jan. 6 committee about the extraordinary pressure he faced from former President Donald Trump to “find 11,780” votes that could flip the state to prevent Joe Biden’s election victory
Raffensperger, along with his deputy Gabe Sterling and Arizona’s state House Speaker Rusty Bowers, are scheduled to be the key witnesses when the House committee investigating the Jan. 6, 2021 insurrection resumes on Tuesday.
The focus will be on how the former president and his allies vigorously pressured officials in key battleground states with schemes to reject ballots or entire state tallies to upend the results of the 2020 presidential election.
Additionally, the panel will underscore how Trump knew his unrelenting pressure campaign could potentially cause violence against state and local officials and their families but pursued it anyway, according to a select committee aide.
“We will show courageous state officials who stood up and said they wouldn’t go along with this plan to either call legislatures back into session or decertify the results for Joe Biden,” Rep. Adam Schiff, D-Calif., one of the Democratic members of the committee, told CNN on Sunday.
The hearing, the fourth by the panel this month, is the latest effort to delve into Trump’s unprecedented attempt to remain in power, a sprawling scheme that the chairman of the Jan. 6 committee has likened to an “attempted coup.” The committee will review how Trump leaned on Raffensperger to invalidate ballots that voters had cast for Biden. And then he tapped state legislators in Arizona, Michigan, Pennsylvania and other disputed states to reject the election results from their own voters.
While the committee cannot charge Trump with any crimes, the Justice Department is watching the panel’s work closely. Trump’s actions in Georgia are also the subject of a grand jury investigation, with the district attorney expected to announce findings this year.
Raffensperger, Georgia’s top election official, rebuffed Trump’s request that he “find” enough votes to overturn Biden’s win in the state — a request caught on tape during a phone call days before the Jan. 6 attack.
During the call, Trump repeatedly cited disproven claims of fraud and raised the prospect of a “criminal offense” if Georgia officials did not change the vote count. The state had counted its votes three times before certifying Biden’s win by a 11,779 margin.
Sterling, Raffensperger’s chief operating officer, became a notable figure in Georgia’s long post-election counting, and recounting, of the presidential ballots, with his regular updates often broadcast live to a divided nation. At one point, the mild-spoken Republican implored Americans to tone down the heated rhetoric.
“Death threats, physical threats, intimidation — it’s too much, it’s not right,” said Sterling, a Republican.
Bowers is expected to discuss the pressure he faced to overturn Arizona’s results — requests from Trump advisers the Republican state leader on Monday called “juvenile.”
In an interview with The Associated Press after arriving in Washington ahead of the hearing, Bowers said he is expected to be asked about a call with Trump during which lawyer Rudy Giuliani floated an idea to replace Arizona’s electors with those who would vote for Trump.
Bowers also revealed a second phone call with Trump in December 2020 that he said was mainly small talk, although Trump also referenced their first conversation.
Also testifying Tuesday is Wandrea “Shay” Moss, one of two Georgia election workers who filed a defamation lawsuit in December 2020 against a conservative website. Moss claimed One America News Network falsely spread allegations that she and her mother engaged in ballot fraud during the election.
The lawsuit, which was settled in April, also names Trump lawyer Rudy Giuliani as a vocal proponent of the baseless claim, which the mother and daughter say led to intense harassment, both in-person and online.
The select committee also plans Tuesday to untangle the elaborate “fake electors” scheme that was aimed at halting Biden’s election win. The plan saw fake electors in seven battlegrounds — Arizona, Georgia, Michigan, Pennsylvania, Wisconsin, Nevada and New Mexico — sign certificates falsely stating that Trump, not Biden, had won their states.
Conservative law professor John Eastman, a lawyer for Trump, pushed the fake electors in the weeks after the election. Trump and Eastman convened hundreds of electors on a call on Jan. 2, 2021, encouraging them to send alternative electors from their states where Trump’s team was claiming fraud.
The fake electoral certificates were produced and mailed to the National Archives and Congress. But the effort failed in the end, as Vice President Mike Pence refused Trump’s repeated demands that he halt the certification of Biden’s win on Jan. 6, 2021 — a power he did not possess in his purely ceremonial role.
The committee says it will also show Tuesday that it has gathered enough evidence through its more than 1,000 interviews and tens of thousands of documents to connect the varying efforts to overturn the election directly to Trump.
At least 20 people in connection with the fake electors scheme were subpoenaed by the House panel, including former Trump campaign members, state party officials and state lawmakers.
“We will show during a hearing what the president’s role was in trying to get states to name alternate slates of electors, how that scheme depended initially on hopes that the legislatures would reconvene and bless it,” Schiff said.
Schiff told the Los Angeles Times on Monday that the hearing will also dig into the “intimate role” former White House chief of staff Mark Meadows had in the plot to pressure Georgia state legislators and elections officials.
The public testimony from Raffensperger comes weeks after he appeared before a special grand jury in Georgia, which is investigating whether Trump and others illegally tried to meddle in the state’s 2020 election.
In retaliation for Raffensperger’s refusal to support his election lies, Trump recruited a primary challenger in an effort to remove him from office. But Raffensperger narrowly held back the threat in last month’s primary, leaving him positioned to compete against a Democrat in the general election. | https://cw33.com/news/politics/ap-politics/georgias-raffensperger-among-witnesses-for-next-1-6-hearing/ | 2022-06-21T02:55:50Z |
The easy-to-make meals in collaboration with FitMenCook are available online for a limited time
CHICAGO, July 18, 2022 /PRNewswire/ -- Home Chef, the leading meal solutions brand available both online and in-store, is partnering with Kevin Curry, creator, entrepreneur and cookbook author behind FitMenCook™, to bring fans a limited-time lineup of fresh, delicious meals that spotlight peak summer flavors. Home Chef's convenient and approachable meal kits combined with Curry's flair for delicious, balanced recipes make this menu a perfect fit for anyone looking to enjoy a flavorful, fun-filled summer without sacrificing eating well.
"At Home Chef, we believe anyone can make a delicious meal that impresses," said Shira Schwarz, VP of brand marketing at Home Chef. "Kevin is the perfect partner for this menu because his creativity and confidence in the kitchen is contagious – and he does it all with accessible recipes that any cook can recreate."
With vibrant yet simple recipes, Home Chef's exclusive menu curated with Curry allows home cooks to explore new ingredients and flavors in an easy-to-make format – because a homemade meal shouldn't just taste good, it should make everyone at the table feel good, even if it was a breeze to make.
The four tasty and time-saving recipes include:
- Smoky Chipotle Chicken Tacos: The perfect combination of sweet, spicy and smoky, made with chipotle-spiced chicken, fire-roasted salsa, creamy guacamole, and queso fresco. And the best part: It's ready in just 15 minutes!
- Stuffed Chicken Parmesan: An easy, cheesy, carb and calorie-conscious take on an Italian American classic made with chicken breast stuffed with the dish's namesake cheese, topped with marinara (and yes, more parm), and served alongside herb-y, in-season zucchini and red bell peppers. This Oven-Ready meal is ready to heat and enjoy with minimal prep or mess.
- Beef Egg Roll Rice Bowl: A deconstructed version of a takeout favorite removes the rolling and frying but keeps the fresh flavors, including bell pepper, green onions, and cabbage, and umami-packed beef made with sweet chili and soy sauce, all served over a bed of jasmine rice and topped with crispy wonton strips for everyone still craving that signature crunch in every bite – and it takes just 15 minutes from fridge to table.
- Enchilada Turkey Meatloaf: This hearty, Oven-Ready meal is full of flavors inspired by Mexican cuisine, like poblano and bell peppers, black beans, corn, and queso fresco. Paired with easy, no-prep turkey meatloaves topped with enchilada sauce, this well-balanced meal (which is carb- and calorie-conscious) is sure to be a quick and convenient hit at meal-time.
"One of my main priorities in the kitchen is using fresh, nourishing ingredients, but I'll never sacrifice flavor to make a balanced meal," said Curry. "I'm so excited to partner with Home Chef, because they deliver the best of both worlds: a tasty meal you can feel good putting on the table, without wasting food or spending hours prepping."
Fans of FitMenCook and Home Chef can order these meals starting now at homechef.com/fitmencook. The recipes will be ready to enjoy at home between August 1 and 12, with two of Kevin Curry's meals to choose from each week. Ordering closes at noon CT on August 5, so fans who want to snag these exclusive meals should order now and let the mouth-watering anticipation begin.
About Home Chef
Founded in 2013, Home Chef is the leading meal solutions company with both a retail and online presence. Available from www.homechef.com and in retail at more than 2,200 Kroger Family of Stores, Home Chef is committed to bringing the joy and convenience of home cooking through simple, delicious meals. The Chicago-based meal kit company was ranked #1 in Customer Service among Meal Kits by Newsweek. Home Chef is a subsidiary of The Kroger Co. (NYSE: KR). Find out more and get cooking at www.homechef.com. Follow us on Twitter, Instagram and Facebook for updates and inspiration.
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SOURCE Home Chef | https://www.wibw.com/prnewswire/2022/07/18/home-chef-partners-with-kevin-curry-fitmencook-exclusive-menu-fresh-flavorful-recipes/ | 2022-07-18T14:50:50Z |
Bestow's partnership with Empathy extends peace of mind beyond life insurance coverage by providing emotional and administrative assistance when beneficiaries need it most.
DALLAS, July 19, 2022 /PRNewswire/ -- Leading life insurance technology company Bestow today announced its partnership with Empathy, a platform helping families navigate the emotional and logistical challenges of losing a loved one. Through the partnership, Empathy's app and premium services are available to beneficiaries in 20 states at no cost — providing additional layers of emotional and administrative support when dealing with loss. Beneficiaries and up to 9 friends or family members can use Empathy's app to assist with many end-of-life tasks, including filing a life insurance claim, planning a funeral, and writing an obituary.
Bestow is building the leading life insurance platform that powers best-in-class products and experiences for policyholders and their loved ones. Empathy's platform was created to support families through every aspect of loss, offering a holistic approach to bereavement care by combining technology and human support. By partnering with Empathy, Bestow extends its positive impact on the life insurance experience by providing needed support when a family is navigating loss.The Empathy app helps simplify end-of-life bureaucracy, minimize tedious tasks, and automate processes involved in administering an estate—while providing emotional support throughout via dedicated care managers and grief guidance.
"Losing a loved one is an abrupt and life-altering change, and we are proud to introduce Empathy's app to Bestow customers," said Ben Armstrong, Chief Marketing Officer, Bestow. "With Empathy, we can provide needed support in navigating loss in addition to the financial safety net offered by life insurance. Now available in 20 states, we hope to extend this invaluable benefit provided by Empathy nationwide."
Losing a loved one often leaves families in distress, not only from the loss but also from the logistical, emotional, and financial challenges that follow. According to Empathy's Cost of Dying 2022 Report, families spend 420 hours on average tending to their loved one's affairs in the weeks and months following a loss. Moreover, nearly every family faces a significant financial burden after a loved one dies. The average total expense after a loved one's death is $12,702, and almost 80% of respondents stated they used their own funds to cover expenses rather than relying on the proceeds of a life insurance policy. Together, Bestow and Empathy can help families deal with all the burdens of loss.
"We are proud to partner with Bestow, a company that understands how technology democratizes access to essential care and services," said Ron Gura, CEO of Empathy. "In life's most challenging moments, it's up to companies across industries, including insurance, to go the extra mile to help families; it betters our society. This is why we are proud to work with a mission-driven company like Bestow to give families time back, enabling them to care for one another while leveraging tech to reduce bureaucratic burdens, be they financial, emotional, or logistical."
Bestow is the leading life insurance technology company. As both a direct-to-consumer destination and an infrastructure provider, Bestow powers instant life insurance solutions for businesses of all sizes, across any channel. In a world full of unknowns, Bestow is on a mission to increase financial security for everyone by creating the best possible products and experiences that serve future generations. To learn more, visit bestow.com.
Empathy's mission is to help families deal with loss, incorporating both emotional and logistical support for the families in their time of need. Powered by technology and driven by purpose, the award-winning Empathy app simplifies and streamlines end-of-life bureaucracy with personalized plans and grief support. Headquartered in New York and Tel Aviv, Empathy partners with organizations across industries, including Fortune 100 companies, HR benefit providers, insurers, hospice care, and more, to reach as many bereaved families as possible in their time of need. To learn more visit us at empathy.com.
Empathy is a platform made free for the beneficiaries of the policyholders with Bestow. Empathy is only advertised to policies issued in the following states: AL, AR, CA, FL, GA, ID, IN, IA, KS, ME, MS, NE, NV, NH, NM, ND, OH, OR, VT & WV. Empathy offerings are not guaranteed to continue. We reserve the right to elect, designate, replace, or terminate Empathy services at any time. Empathy is a non-affiliated 3rd Party platform.
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SOURCE Bestow Inc. | https://www.kxii.com/prnewswire/2022/07/19/bestow-gives-beneficiaries-access-empathys-comprehensive-support-app/ | 2022-07-19T13:39:35Z |
As COVID-19 pandemic entered a new phase and changing workforce dynamics reshaped labor market, well-being improved in key well-being and SDOH domains across the nation
ATLANTA and BOSTON, July 14, 2022 /PRNewswire/ -- As the COVID-19 pandemic reached its second year in 2021, Massachusetts emerged as the healthiest state in the nation, according to a study released today by Sharecare (Nasdaq: SHCR), the digital health company that helps people manage all their health in one place, in partnership with the Boston University School of Public Health (BUSPH). While overall well-being remained generally unchanged at a national level in 2021, the latest Sharecare Community Well-Being Index state rankings report reveals improvements in key domains as COVID-19 vaccines ushered in a sense of normalcy and evolving workforce dynamics took hold across the U.S.
Built on more than a decade of measurement and over 4 million surveys completed to date, the nationally representative dataset comprising the Sharecare Community Well-Being Index is the most comprehensive assessment of community health in the country. As in previous years, the newly released research assessed the well-being of nearly 500,000 Americans spanning all 50 states in 2021 across individual well-being domains, including physical, social, community, purpose, and financial; and also analyzed more than 600 elements of social determinants of health (SDOH) to identify those data most associated with community health outcomes – healthcare access, food access, resource access, housing and transportation, and economic security.
Massachusetts maintains #1 spot, Mississippi remains at bottom for third year running
The following states achieved the highest and lowest scores in the nation for overall well-being, respectively:
The highest-ranked states shared several commonalities. Across the five individual well-being domains studied, the three healthiest states in 2021 – Massachusetts (#1), Hawaii (#2), and New Jersey (#3) – each earned scores among the top five in the nation. These states also achieved best-in-nation scores in the SDOH domain of healthcare access. Nine of the 10 top-ranked states also performed highly in the domain of physical well-being with scores among the 10 highest in the nation.
The analysis of the lowest-ranked states in 2021 also uncovered common challenges in both individual well-being and SDOH domains, with Mississippi earning last-in-the-nation scores in most domains and maintaining its #50 overall ranking for the third year in a row. Each of the bottom 10 states earned lowest-in-nation scores in the well-being domain of community, which measures the extent to which individuals like where they live and have pride in their community. Similarly, nine of the 10 lowest-ranked states landed in the bottom quintile for purpose well-being, defined as liking what you do each day and feeling motivated to achieve your goals.
Dimensions of well-being influenced by COVID-19 vaccine rollout, evolving workforce dynamics
Overall well-being throughout the nation scored 60.9 out of 100, representing minor gains from 60.5 in 2020. However, a detailed review of the domains comprising the Index reveals more dramatic changes from 2019 to 2021.
As the introduction and rollout of several COVID-19 vaccines modified risk tolerance for social gatherings and returning to in-person work, domain scores measuring community and social bonds also increased. In the financial well-being domain, which measures individuals' ability to manage their economic life to increase financial security and reduce stress, the nation's score also increased to pre-pandemic levels – reversing a year-over-year decline measured between 2019 and 2020.
Additionally, purpose well-being increased by a statistically significant 5.7 points, from 59.0 in 2019, to 62.7 in 2020, to 64.7 in 2021. Notably, this trend occurred as many people left the workforce or moved to jobs that better aligned with their personal and professional goals; by effect, these behaviors appeared to compound gains observed since the beginning of the pandemic.
Further, an additional analysis1 of Sharecare's 2021 rankings captured an association between job resignation rates and several domains impacting states' overall well-being. Compared to the 10 states with the lowest resignation rates, the 10 states with the highest resignation rates in 2021 ranked on average:
- 19 positions (or approximately 2.8 points) lower in financial well-being.
- 18 positions (or approximately 5.1 points) lower in healthcare access.
- 17 positions (or approximately 1.0 point) lower in community well-being.
"Last year marked a turning point in many ways for well-being across the U.S.," said Dr. Michael Rickles, vice president of research at Sharecare. "As the pandemic consistently and prominently influenced the year end-to-end – from workforce dynamics to social and community engagement – our research findings underscore the fact that well-being is not an accident, but instead the result of a mix of behaviors and social circumstances that shape our lives. Our hope is that leaders – both in the public and private sectors – can study their states' performance to understand their strengths and weaknesses across domains so that they can foster healthy, thriving communities."
"This initial analysis of 2021 data from the Sharecare Community Well-Being Index adds nuance to our ongoing study of the well-being landscape in the U.S.," said Dr. Kimberly Dukes, executive director of BUSPH's Biostatistics & Epidemiology Data Analytics Center. "As a new phase of a once-in-a-century pandemic met unique economic forces, the data show that several domains of well-being trended in positive directions, and in one case 'recovered' to pre-pandemic levels. Data collected in 2022 will help us understand how community well-being fared as many pandemic-related restrictions were formally loosened and inflation continues to increase."
To arrive at these results, Sharecare and BUSPH conducted web and mail surveys among 495,783 U.S. residents aged 18 and older throughout 2021 and analyzed more than 600 elements of SDOH data. Results are nationally representative. To read the full report and to learn about the project's methodology, visit wellbeingindex.sharecare.com/reports.
Sharecare is the leading digital health company that helps people – no matter where they are in their health journey – unify and manage all their health in one place. Our comprehensive and data-driven virtual health platform is designed to help people, providers, employers, health plans, government organizations, and communities optimize individual and population-wide well-being by driving positive behavior change. Driven by our philosophy that we are all together better, at Sharecare, we are committed to supporting each individual through the lens of their personal health and making high-quality care more accessible and affordable for everyone. To learn more, visit www.sharecare.com.
Founded in 1976, the Boston University School of Public Health is one of the top five ranked private schools of public health in the world. It offers master's- and doctoral-level education in public health. The faculty in six departments conduct policy-changing public health research around the world, with the mission of improving the health of populations—especially the disadvantaged, underserved, and vulnerable—locally and globally.
1 Informed by WalletHub's 2021 workforce resignation rates and trends
Media Contact:
Sharecare PR Team
PR@sharecare.com
404.665.4305
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SOURCE Sharecare | https://www.kxii.com/prnewswire/2022/07/14/massachusetts-tops-sharecare-community-well-being-index-ranking-us-states-second-consecutive-year/ | 2022-07-14T11:52:55Z |
Uvalde victim’s sister pleads for gun safety measures
AUSTIN, Texas (AP) — The sister of a 9-year-old girl killed in the Uvalde school rampage tearfully pleaded on Thursday with Texas lawmakers to pass gun safety legislation and questioned why so many security measures failed.
“I’m here begging for you guys to do something,” said Jazmin Cazares, whose young sister Jacklyn was one of 19 children killed in the 80 minutes the gunman spent inside Robb Elementary School on May 24 before police stormed the classroom and killed him. Two teachers also died in the massacre.
“People who were supposed to keep her safe at school didn’t,” the 17-year-old Cazares said through sniffles. “They failed.”
Her testimony came just as the U.S. Supreme Court announced a decision allowing a major expansion of gun rights, saying that Americans have a right to carry firearms in public.
Cazares told a committee of lawmakers looking at how to prevent mass shootings that they could honor the victims by adopting gun background checks and “red flag laws” that allow for the removal of firearms from people at extreme risk of harming themselves or others.
The gunman was a former student, Salvador Ramos, who days after turning 18 bought the AR-15-style semi-automatic rifle he used in the attack.
The Republican-controlled legislature in Texas has stripped away gun restrictions over the past decade even as the state has suffered through a string of mass shootings in that killed more than 85 people in the past five years
The state doesn’t require a permit to carry a long rifle like the one used in Uvalde. Last year, lawmakers made it legal for anyone 21 and older to carry a handgun in public without a license, background check or training.
Jacklyn loved singing and dancing and wanted to go to Paris when she graduated, her sister said. “She was one of sweetest souls anybody would ever meet,” her sister said.
She and her cousin, Annabell Rodriguez, were best friends, part of a close-knit quintet of classmates. All five died in the shooting.
Jacklyn’s big sister told lawmakers that since the massacre she has reviewed the security measures the school was supposed to have, including how teachers are told to keep their doors closed and locked at all times. “How, when some of those classroom doors didn’t lock?” she said.
Days after the tragedy, Jacklyn’s father, Javier Cazares, told of how he rushed to the school and kept a close watch on the children fleeing the school to catch a glimpse of his 9-year-old “firecracker.”
He and other parents grew frustrated that the police weren’t doing more to stop the gunman.
“A lot of us were arguing with the police, ‘You all need to go in there. You all need to do your jobs,’” said Cazares, an Army veteran. “We were ready to go to work and rush in.”
Those delays and mistakes in the law enforcement response are now at the center of federal, state and local investigations. The head of the Texas state police this week called it an “abject failure,” and said how police reacted went against everything learned in the two decades since the Columbine High School shooting in Colorado in 1999.
Officers with rifles stood in a hallway for over an hour, waiting in part for more weapons and gear, before going inside the classroom, said Steve McCraw, director of the Texas Department of Public Safety.
He put much of the blame for the delays on Pete Arredondo, the Uvalde school district police chief who McCraw said was the commander in charge.
The school district put the police chief on administrative leave on Wednesday. Uvalde Consolidated Independent School District Superintendent Hal Harrell said the facts of what happened remain unclear and that he didn’t know when details of multiple investigations would be revealed.
Arredondo has said he didn’t consider himself in charge and assumed someone else had taken control. He has declined repeated requests for comment from The Associated Press.
Uvalde’s mayor has pushed back on McCraw’s casting blame on Arredondo, saying the Department of Public Safety has repeatedly put out false information about the shooting and glossed over the role of its own officers.
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Stengle reported from Dallas. Associated Press writer John Seewer in Toledo, Ohio, contributed to this report.
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Find more AP coverage of the Uvalde school shooting: https://apnews.com/hub/uvalde-school-shooting
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/23/uvalde-victims-sister-pleads-gun-safety-measures/ | 2022-06-23T16:21:22Z |
STOCKHOLM, June 1, 2022 /PRNewswire/ -- Eco Wave Power Global AB (publ) (Nasdaq: WAVE) (Nasdaq First North: ECOWVE) -The shareholders in Eco Wave Power Global AB (publ), reg. no. 559202-9499 (the "Company" or "EcoWave"), are hereby given notice to attend the annual general meeting at 10:00 a.m. on Thursday, June 30, 2022. The meeting will be held through postal voting only (see below).
Pursuant to the Swedish Act (2022:121) on temporary exceptions to facilitate the execution of general meetings in companies and other associations, the board of directors of the Company has decided that the annual general meeting shall be held without physical presence of shareholders, proxies and/or external parties and that the shareholders shall have only the opportunity to vote by mail prior to the annual general meeting.
EcoWave welcomes all shareholders to exercise their voting rights at the annual general meeting through postal voting as described below. Information on the resolutions passed at the annual general meeting will be published on Thursday, June 30, 2022, as soon as the result of the postal voting has been finally confirmed.
Notice
Shareholders wishing to participate at the meeting must:
i. be entered in the shareholders' register, kept by Euroclear Sweden AB (the Swedish Central Securities Depository & Clearing Organisation), on the record day which is Tuesday, June 21, 2022; and
ii. notify the Company of their attendance no later than Wednesday, June 29, 2022 by casting their postal vote in accordance with the instructions under the heading "Postal voting" below so that the postal voting form is received by Setterwalls Advokatbyrå AB no later than that day. Please note that a notification to attend the general meeting can only be done by a postal vote.
A shareholder represented by proxy shall issue a power of attorney. Further instructions regarding this are available below under the heading "Proxy voting".
Nominee registered shares
Shareholders who have their shares registered in the name of a nominee must request temporary entry in the transcription of the share register kept by Euroclear Sweden AB (so-called voting rights registration) in order to be entitled to participate and vote for their shares at the meeting through postal voting. The shareholder must inform the nominee well in advance of Tuesday, June 21, 2022, at which time the register entry must have been made. Voting rights registration that has been requested by the shareholder at such time that the registration has been completed by the nominee no later than Thursday, June 23, 2022, will, however, be taken into account in the preparation of the share register.
Postal voting
The shareholders may exercise their voting rights at the annual general meeting only by voting in advance, so-called postal voting, in accordance with Section 22 of the Swedish Act (2022:121) on temporary exceptions to facilitate the execution of general meetings in companies and other associations.
A special form shall be used for postal voting. The form will be available on the Company's website, www.ecowavepower.com. The postal voting form is considered as the notification of participation at the annual general meeting.
The completed voting form must be received by Setterwalls Advokatbyrå AB no later than Wednesday, June 29, 2022. The form may be submitted by post to Setterwalls Advokatbyrå AB, Attn: Hugo Lemaire Månsson, P.O. Box 1050, 101 39 Stockholm, Sweden or via e-mail to hugo.lemairemansson@setterwalls.se.
The shareholder may not provide special instructions or conditions in the voting form. If so, the vote (i.e. the postal vote in its entirety) is invalid. Further instructions and conditions are included in the form for postal voting.
The shareholders may request in the postal voting form that a resolution on one or several of the matters on the proposed agenda below should be deferred to a so-called continued general meeting, which cannot be conducted solely by way of postal voting. Such general meeting shall take place if the annual general meeting so resolves or if shareholders with at least one tenth of all shares in the Company so requests.
Proxy voting
A shareholder represented by proxy shall issue a power of attorney which shall be dated and signed by the shareholder. If the shareholder postal votes by proxy, the power of attorney shall be enclosed to the form. If issued by a legal entity, the power of attorney shall also be accompanied by registration certificate or, if not applicable, equivalent documents of authority. Power of attorney forms for those shareholders wishing to postal vote by proxy will be available on the Company's website www.ecowavepower.com.
Processing of personal data
For information regarding how your personal data is processed in connection with the annual general meeting, please refer to the privacy policy on Euroclear Sweden AB's website, https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf.
Proposed agenda
1. Opening of the meeting and election of chairman of the meeting;
2. Preparation and approval of the voting list;
3. Election of one or two persons who shall approve the minutes of the meeting;
4. Approval of the agenda;
5. Determination of whether the meeting has been duly convened;
6. Submission of the annual report and the auditor's report as well as of the financial statements and the auditor's report;
7. Resolution in respect of adoption of the profit and loss statement and the balance sheet;
8. Resolution in respect of allocation of the Company's result according to the adopted balance sheet;
9. Resolution in respect of the members of the board of directors' and the CEO's discharge from liability;
10. Determination of the number of members of the board of directors as well as of the number of auditors;
11. Determination of the fees payable to the members of the board of directors and the auditors;
12. Election of members of the board of directors and auditors;
13. Resolution on an authorization for the board of directors to increase the share capital;
14. Resolution on an authorization for the board of directors to increase the share capital in the event of an impending takeover bid;
15. Resolution on changes to the articles of association;
16. Resolution on change of terms regarding issued warrants series 2020/2024:A;
17. Resolution on change of terms regarding issued warrants series 2020/2024:B;
18. Closing of the meeting.
Proposed resolutions by the board of directors
Item 1. Election of chairman
Marcus Nivinger (lawyer at Setterwalls Advokatbyrå) is proposed as chairman of the meeting, or if he is unable to attend the meeting, any other person proposed by the board of directors.
Item 2. Preparation and approval of the voting list
The voting list that is proposed for approval is the voting list to be prepared by Setterwalls Advokatbyrå AB on behalf of the Company, based on the shareholders' register for the general meeting kept by Euroclear Sweden AB, and postal votes received, and approved by the person(s) appointed to approve the minutes.
Item 3. Election of one or two persons who shall approve the minutes of the meeting
The board of directors proposes that Mats Andersson is to be appointed as person verifying the minutes together with the chairman of the general meeting, or in the event he is prevented from doing so, the person the board of directors appoints instead. The person appointed to verify the minutes shall, apart from approving the minutes of the general meeting together with the chairman of the general meeting, check the voting list and that the result of received votes are correctly reflected in the minutes of the general meeting.
Item 8. Allocation of the Company's result
The board of directors proposes that the Company's result shall be carried forward in new account and that no dividend shall be paid for the financial year 2021.
Item 13. Resolution on an authorization for the board of directors to increase the share capital
The board of directors proposes that the general meeting resolves on an authorization for the board of directors to – for the period up to the next annual general meeting, with or without deviation from the shareholders' preferential rights and at one or more occasions – resolve upon issuance of new shares, warrants and/or convertible debentures. Payment may be made in cash, in kind, through set-off of claims or otherwise be conditional. Deviation from the shareholders' preferential rights shall be allowed in situations where a directed issue is deemed more appropriate for the Company due to timing, commercial or similar reasons, and in order to enable acquisitions.
The chairman of the board of directors, the CEO or a person appointed by the board of directors shall be authorized to make any minor adjustments required to register the resolution with the Swedish Companies Registration Office. A valid resolution requires that the proposal is supported by shareholders representing at least two-thirds (2/3) of the votes cast as well as of all shares represented at the meeting.
Item 14. Resolution on an authorization for the board of directors to increase the share capital in the event of an impending takeover bid
The board of directors proposes that the general meeting resolves on an authorization for the board of directors to – for the period up to the next annual general meeting, with or without deviation from the shareholders' preferential rights and at one or more occasions – resolve upon issuance of new shares, warrants and/or convertible debentures. Payment may be made in cash, in kind, through set-off of claims or otherwise be conditional. Deviation from the shareholders' preferential rights shall be allowed in order to prevent an impending takeover bid for shares and / or other share-related instruments in the Company, whereby the subscription price may fall below the market value. The authorization may only be used after completion of the planned delisting of the Company's shares from Nasdaq First North and provided that it does not contravene the Swedish Companies Act (the "Companies Act") or other applicable laws.
The chairman of the board of directors, the CEO or a person appointed by the board of directors shall be authorized to make any minor adjustments required to register the resolution with the Swedish Companies Registration Office. A valid resolution requires that the proposal is supported by shareholders representing at least two-thirds (2/3) of the votes cast as well as of all shares represented at the meeting.
Item 15. Resolution on changes to the articles of association
The board of directors proposes that the general meeting resolves on amendments to § 6 of the articles of association with regard to the election of the board of directors members. The proposed changes consist of:
i. a right for Inna Braverman and David Leb to, in connection with the annual general meeting, each appoint one (1) ordinary board member for the period until the end of the next annual general meeting, provided that the board subsequently consists of at least five members, as more than half of the members according to the Companies Act shall be appointed by the general meeting, and
ii. a requirement for consent from both David Leb and Inna Braverman for a valid resolution to amend § 6 of the articles of association.
The chairman of the board of directors, the CEO or a person appointed by the board of directors shall be authorized to make any minor adjustments required to register the resolution with the Swedish Companies Registration Office. A valid resolution requires that the proposal is supported by shareholders representing at least two-thirds (2/3) of the votes cast as well as of all shares represented at the meeting.
Item 16. Resolution on change of terms regarding issued Warrant series 2020/2024:A
On the annual general meeting held on June 26, 2020, it was resolved to implement Warrant series 2020/2024:A for employees, consisting of 1,055,845 warrants. Warrants under 2020/2024:A entitle the holder to subscribe for one (1) new share in the Company at an exercise price of SEK 0.02 during the period from June 26, 2024 up to and including December 31, 2024.
The board of directors proposes that the general meeting resolves on changes to the terms of Warrant series 2020/2024:A entailing an extension of the time period during which the warrants may be used for subscription of new shares from June 26, 2024 until and including December 31, 2032.
Complete terms and conditions for Warrant series 2020/2024:A will be available on the Company's website www.ecowavepower.com.
A valid resolution requires that the proposal is supported by shareholders representing at least nine-tenths (9/10) of the votes cast as well as of all shares represented at the meeting. The resolution is subject to the majority requirements in Chapter 16 of the Companies Act.
Proposed resolutions by shareholders
Items 10-12. Election of and remuneration to the board of directors and auditors
The board of directors today consists of the following four (4) ordinary members without deputy members: Mats Andersson (chairman), Elias Jacobson, David Leb and Inna Braverman. It is proposed that the board of directors shall consist of five (5) ordinary members without deputy members until the end of the next annual general meeting. Furthermore, it is proposed that one registered accounting firm shall be elected as auditor.
It is proposed that the fees payable to the board of directors for the period until the end of the next annual general meeting shall amount to a total of SEK 900,000 out of which SEK 300,000 shall be paid to the chairman and SEK 200,000 to each of the other ordinary members, except for Inna Braverman who will receive no board fee. It is proposed that the Company's auditor shall be paid in accordance with approved quotes and invoices.
All current board members are proposed to be re-elected until the end of the next annual general meeting. Mats Andersson is proposed to be re-elected as chairman of the board of directors. Furthermore, an additional board member will be proposed for new election on the meeting. The full list of proposed board members will be included in the postal voting form on the Company´s website at the latest three weeks prior to the meeting.
It is proposed to re-elect the accounting firm Ernst & Young AB (E & Y) as the Company´s auditor. The auditor has notified that Nils Andreas Nyberg will continue as chief auditor.
Item 17. Resolution on change of terms regarding issued Warrant series 2020/2024:B
On the annual general meeting held on June 26, 2020, it was resolved to implement Warrant series 2020/2024:B for board members, consisting of 527,922 warrants. Warrants under 2020/2024:B entitles the holder to subscribe for one (1) new share in the Company at an exercise price of SEK 9.38 during the period from June 26, 2024 up to and including December 31, 2024.
It is proposed that the general meeting resolves on changes to the terms of Warrant series 2020/2024:B, entailing an extension of the time period during which the warrants may be used for subscription of new shares from June 26, 2024 until and including December 31, 2027.
Complete terms and conditions for Warrant series 2020/2024:B will be available on the Company's website www.ecowavepower.com.
A valid resolution requires that the proposal is supported by shareholders representing at least nine-tenths (9/10) of the votes cast as well as of all shares represented at the meeting. The resolution is subject to the majority requirements in Chapter 16 of the Companies Act.
Number of shares and votes in the Company
The total number of shares in the Company at the time of issuance of this notice is 44,394,844. The Company does not hold any of its own shares.
Shareholders' right to request information
The board of directors and the CEO shall, if any shareholder so requests and the board of directors believe that it can be done without material damage to the Company, provide information regarding circumstances that may affect the assessment of an item on the agenda or of the Company's economic situation. Such duty to provide information also comprises the Company's relation to the other group companies, the consolidated financial statements and such circumstances regarding subsidiaries which are set out in the foregoing sentence. A request for such information shall be made in writing no later than on Monday, June 20, 2022. The information will be made available at the Company's office from Saturday, June 25, 2022, at the latest. The information will, from the same date, also be available on the Company's website www.ecowavepower.com. The information will also be sent, within the same period of time, to the shareholder who has requested it and stated its address.
Documentation
The financial accounts, auditor's report, complete proposals and other documents to be dealt with at the general meeting will be kept available at the Company's office no later than three (3) weeks before the meeting. The documents will be sent free of charge to shareholders who so request and state their postal address. The documents will also be made available not later than the aforementioned date on the Company's website www.ecowavepower.com. All the above mentioned documents will also be presented at the general meeting.
_____
Stockholm, June 1, 2022
The board of directors
About Eco Wave Power Global AB (publ)
Eco Wave Power is a leading onshore wave energy technology company that developed a patented, smart and cost-efficient technology for turning ocean and sea waves into green electricity. Eco Wave Power's mission is to assist in the fight against climate change by enabling commercial power production from the ocean and sea waves.
Eco Wave Power is recognized as a "Pioneering Technology" by the Israeli Ministry of Energy and was labeled as an "Efficient Solution" by the Solar Impulse Foundation. Eco Wave Power's project in Gibraltar has received funding from the European Union Regional Development Fund and the European Commission's Horizon 2020 framework program. The company has also received the "Global Climate Action Award" from the United Nations.
Eco Wave Power's common shares (ECOWVE) are traded on Nasdaq First North and its ADSs (WAVE) are traded on the Nasdaq Capital Market.
Vator Securities is the company's Certified Advisor (+46 8 580 065 99, ca@vatorsec.se).
Read more about Eco Wave Power at: www.ecowavepower.com.
Information on, or accessible through, the website mentioned above does not form part of this press release.
For more information, please contact:
Inna Braverman, CEO
inna@ecowavepower.com
+97235094017
For additional investor/media inquires, please contact:
Investor Contact:
Matt Chesler, CFA
FNK IR
+1.646.809.2183
Media Contact:
Jacob Scott, Vectis Strategies
+1.412.445.7719
The information was submitted for publication, through the agency of the contact person above June 1, 2022, at 22:10 CEST / 4:10 pm EDT.
This information was brought to you by Cision http://news.cision.com
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SOURCE EWPG Holding AB (publ) | https://www.kxii.com/prnewswire/2022/06/01/notice-attend-annual-general-meeting-eco-wave-power-global-ab-publ/ | 2022-06-01T21:46:29Z |
A Buckholts Independent School District employee accused in the sexual assault of a 15-year-old student apparently met the girl two months after he starting work for the district, according to employment records obtained through an open records request.
Zachary Dylan Esparza, 22, of Temple, was arrested on May 23 for a second-degree felony charge of sexual assault of a child.
The charge stems from an alleged improper relationship in September 2021 between Esparza and a district student while he was working as a technology specialist.
An attorney for Buckholts ISD said Esparza was hired as a technology specialist on July 15, 2021, and his last day of employment was April 7, 2022.
Buckholts ISD did not immediately respond to an open record request about Esparza’s employment dates and titles at the time of his arrest. The district took 10 days, allowed by state law, to respond to the Telegram’s open records request.
On June 7, Austin-based law firm O’Hanlon, Demerath & Castillo responded to the Telegram with inaccurate information that said Esparza started work on July 15, 2022, a future date.
The law firm sent an updated version of the employment dates after the Telegram noted the incorrect dates on Monday.
According to an arrest affidavit filed by Temple Police Department Detective Michael Terpstra, on April 13, he was assigned a follow-up investigation after explicit videos and photos on social media allegedly depicting the girl and Esparza.
The girl was interviewed at the Child Advocacy Center of Central Texas and said, “Esparza was naked in the pictures and admitted that she took them,” Terpstra said.
Terpstra interviewed the girl to learn more about the relationship.
“She told me that she met Esparza when he worked at Buckholts ISD as an IT person,” he said. “She told me that they began a physical relationship in September 2021 and that it included sexual intercourse at Esparza’s apartment in Temple, at his parents’ house in Temple, and in his vehicle when it was parked in Temple.”
Esparza was contacted to tell his side of the story, but according to Terpstra, he invoked his right to consult with an attorney and was not interviewed.
He was arrested at his residence on May 23, after Temple police officers executed an arrest warrant.
Esparza was released on May 24 after posting a $100,000 bond. | https://www.tdtnews.com/news/central_texas_news/article_4cc8c1e6-eb63-11ec-941c-478933c2b47c.html | 2022-06-13T23:02:36Z |
ORANGE PARK, Fla., June 1, 2022 /PRNewswire/ -- Perpetual Pavement Awards (PPA) celebrate long-life asphalt pavements. With six each for the inaugural year of PPAs: By Design and PPAs: By Conversion awarded, 2021 was a banner year for Perpetual Pavements. Engineers at the National Center for Asphalt Technology (NCAT) at Auburn University evaluated the nominations and validated the results assuring the pavements demonstrate the characteristics expected from long-life, Perpetual Pavement design: excellence in design, quality in construction, and value to taxpayers.
PPA: By Design recognizes newly designed and constructed asphalt roads built over new or reconditioned subgrade that meet strict Perpetual Pavement criteria.
The 2021 PPA: By Design winners are:
- Arkansas Department of Transportation for I-49, Section 29, in Benton County. This 2.557-miles section was constructed by Hutchens Construction Company, LLC.
- California Department of Transportation for a 67 lane mile section of I-5 in Sacramento County. Granite Construction Co. and Teichert Aggregates constructed this project.
- Iowa Department of Transportation for a 4-mile section of IA 100 from Covington Rd. to just east of Edgewood Rd. in Linn County. L.L. Pelling Co. was the contractor.
- Kansas Department of Transportation for a 4.08-mile section of U.S. 281 in Russell County constructed by APAC Kansas Shears Division, A CRH Co.
- Maryland Department of Transportation State Highway Administration for a 3.86-mile section of MD 100 in Anne Arundel County.
- Washington State Department of Transportation for the 4.25mile westbound widening of SR 502 in Clark County. The project was constructed by the Lakeside Industries, Vancouver Division.
PPA: By Conversion honors new asphalt roads constructed over an existing road that meet strict Perpetual Pavement criteria.
The 2021 PPA: By Conversion winners are:
- Arkansas Department of Transportation for a 6.11-mile section of I-530, Section 5, in Jefferson County. Cranford Construction Co. constructed the project.
- California Department of Transportation for 18 lane miles of I-5 in Tehama County. The project was constructed by Tullis, Inc.
- Illinois Department of Transportation for a 9.5-mile Extended Life HMA/Rubblization project on I-70 in Clark County. Howell Paving, Champaign Asphalt (now part of Open Road Paving Company, LLC) and Howell Asphalt were the contractors.
- Piatt County for 4.95-mile section of Monticello Rd. (County Hwy. 4) in Piatt County, Ill. constructed by Open Road Paving.
- Virginia Department of Transportation for approximately 2.65 miles of an Appomattox Bypass Rubblization project on Rte. 460 in the Lynchburg District. The contractor was Boxley Materials Company.
- Washington State Department of Transportation for 2.41 miles of Pavement Rehab on I-5 Southbound in King County. ICON Materials, A CRH Co., and MidMountain Contractors, Inc. were the contractors.
For additional information about each of these projects, please visit Awards | Asphalt Pavement Alliance (driveasphalt.org). Winning agencies are honored by their local state asphalt pavement association and are presented with an engraved crystal obelisk.
"One key indicator of quality in construction is a smooth, long-life pavement," said Amy Miller, P.E., National Director of the APA. "Long-life asphalt pavements serve the community, reduce the money needed for maintenance, and conserve raw materials."
CONTACT: amiller@asphaltroads.org
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SOURCE Asphalt Pavement Alliance | https://www.wibw.com/prnewswire/2022/06/01/asphalt-pavement-alliance-announces-2021-perpetual-pavement-award-winners/ | 2022-06-01T11:14:45Z |
Your agent, your insurance carrier and you – a one team approach.
VIDEO LINK: FCCI TeamWorks Video
SARASOTA, Fla., Aug. 31, 2022 /PRNewswire/ -- FCCI Insurance Group launched its latest video – "FCCI TeamWorks." By partnering together, your independent insurance agent and FCCI can help your business proactively manage risks and lower your net cost of insurance.
This video also enables current and prospective agents and policyholders to learn more about the Company, its values and why they should partner with FCCI for their commercial insurance needs.
VIDEO LINK: FCCI TeamWorks Video
For more information about FCCI's TeamWorks program, call (800) 226-3224.
About FCCI – Distributing exclusively through independent agents in 20 states, plus Washington, D.C., FCCI provides commercial property and casualty insurance coverage, services and commercial and contract surety across more than a third of the U.S. Established in 1959, FCCI celebrates more than 60 years of keeping promises. FCCI is rated A (Excellent) by A.M. Best Company and is headquartered in Sarasota, Florida, with regional and branch offices in Alabama, Florida, Georgia, Indiana, Mississippi, Texas and Virginia. For more information, contact us at 800-226-3224 or visit www.fcci-group.com.
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SOURCE FCCI Insurance Group | https://www.wibw.com/prnewswire/2022/08/31/fcci-insurance-group-launches-new-teamworks-video/ | 2022-08-31T13:24:17Z |
NEW YORK, July 22, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Hanger, Inc. ("Hanger" or the "Company"), (NYSE: HNGR) in connection with the proposed acquisition of the Company by Patient Square Capital. Under the terms of the merger agreement, the Company's shareholders will receive $18.75 in cash for each share of Hanger common stock owned. The transaction is valued at approximately $1.25 billion.
If you own Hanger shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/hngr
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) Hanger's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $18.75 per-share merger consideration adequately compensates Hanger's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. Notably, the merger consideration is below the $26 median price target set by analysts, and at least one analyst set a price target for the Company of $28 per share, $9.25 above the per-share merger consideration.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
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SOURCE Weiss Law | https://www.kxii.com/prnewswire/2022/07/22/shareholder-alert-weiss-law-investigates-hanger-inc/ | 2022-07-22T20:49:37Z |
Naviga Recruiting & Executive Search's temporary and temporary-to-permanent staffing division is in high demand while top employers worldwide compete against the war to hire talent.
TAMPA, Fla. , April 21, 2022 /PRNewswire/ -- Today, Naviga Recruiting & Executive Search, a North American Sales, Marketing and Operations staffing firm, focuses on connecting worldwide employers with talented employees on a temporary, temporary-to-permanent, and direct-hire basis.
For years, clients have asked the 20-year-old recruiting firm to help find temporary and temporary-to-permanent talent, but nothing compares to what they are seeing right now due to the Great Resignation and jobs market. Kathleen Steffey, CEO and Founder of Naviga Recruiting & Executive Search gave perspective on this staffing trend, "By hiring temporary and temporary-to-hire workers, employers that are suffering from the "Great Resignation" drought are tapping into a completely different pool of candidates where they can hire top talent quickly without the risk of turnover and high training and salary costs. It is also giving them a 'test' period to see if the person fits into the company culture to ensure we have a great fit for both parties."
"The requests have become more frequent with the nation having more new jobs than available people in 2021 and 2022," said Steffey. The ASA reported in February 2022, "The Staffing Index four-week moving average rose from the prior week to a rounded value of 104, as temporary and contract staffing employment for the four weeks ending Feb. 13 was 16.6% higher than the same period in 2021."
DLA Piper, one of the top five law firms globally, initially partnered with Naviga Recruiting & Executive Search to recruit permanent, W-2 employees. However, their partnership has now expanded to also hiring temporary and temporary-to-permanent talent in order to win the war on talent.
"Hiring temporary workers has given our leadership team the time needed to focus on the restructure and additional projects that would have been delayed," says Yvonne Stackhouse, Manager Recruiting of DLA Piper LLP. "The quality has been great where the hiring managers want to hire them as a full-time employee."
During this competitive job market, temporary/temporary-permanent contract staffing solutions connect employers with talented employees to help drive the bottom line, reduce the risk of turnover, and eliminate high training and salary costs.
For more information on combating the Great Resignation with temporary, temporary-to-permanent, or direct hire staffing, visit Naviga's Webpage.
Naviga Recruiting & Executive Search is a professional and service-oriented provider of executive sales, marketing and operations recruiting services on a temporary and/or temporary-to-permanent and direct-hire basis for businesses worldwide. The firm takes pride in providing its clients with the highest-quality and most-qualified candidates to fill their available executive, sales, marketing, and operations positions. To learn more, visit navigarecruiting.com.
Media Contact:
Kathleen Steffey
kathleen@navigarecruiting.com
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SOURCE Naviga | https://www.wibw.com/prnewswire/2022/04/21/nationwide-employers-are-taking-advantage-temporary-temporary-to-perm-hiring-frenzy-during-great-resignation/ | 2022-04-21T16:01:33Z |
Embiid has 41 points, 20 rebounds as Sixers down Pacers
By KEVIN COONEY
Associated Press
PHILADELPHIA (AP) — Joel Embiid made his closing argument for MVP votes and all but wrapped up the NBA scoring title as the Philadelphia 76ers beat the Indiana Pacers 133-120. Embiid scored 41 points while adding 20 rebounds and four assists. He shot 14 for 17 from the floor, went 11 of 15 from the foul line and made both his 3-point attempts in a game that Philadelphia needed to win to remain alive in the hunt for the third seed in the Eastern Conference playoffs. James Harden added 22 points and 14 assists for the Sixers. Oshae Brissett scored 20 points and Tyrese Haliburton had 19 for the Pacers, which lost their ninth straight game. | https://localnews8.com/sports/ap-national-sports/2022/04/09/embiid-has-41-points-20-rebounds-as-sixers-down-pacers/ | 2022-04-09T21:07:22Z |
PHILADELPHIA, July 28, 2022 /PRNewswire/ -- R7 Energy Drink launches today throughout select U.S. retail locations as well as online and direct to consumers at www.DrinkR7.com. Founded by a group of veterans, serial entrepreneurs, and experts within the professional athlete management space, R7 was developed to be a high-performing, clean energy beverage with a unique blend of key ingredients for professional athletes and everyday go-getters. Men and women can feel healthy and positive about ingesting the energy drink into their bodies daily.
"Having represented and managed numerous pro-athletes for over a decade, our team knew it was vital to bring to the market a high-performing, clean energy beverage that high-performing individuals could drink daily without the fear of taking in harsh chemicals, dyes, and other potentially harmful ingredients during their peak and off seasons," said the R7 executive team.
Comprised of unique key ingredients, R7 delivers its special formula through its combination of green coffee bean + L-theanine, adaptogens, L-carnitine, select B vitamins, and pure electrolytes, delivering a premium, high-efficiency product positioned to be marketed as a better-for-you option in the $30bn energy drink category.
R7 is formulated in three robust flavors: Lightening Lemon Lime, Orbit Orange, and Midnight Rush (grape) and is sold in its sleek and slim 12-ounce cans crafted for portable and easy consumption. All three flavors are on sale now via www.DrinkR7.com.
ABOUT R7 ENERGY
R7 is the healthy energy drink brand developed and created by veteran entrepreneurs and professional athlete management executives to deliver a more sustained, healthier energy for both pro-athletes and everyday high-achieving individuals.
The unique R7 formula is crafted differently and delivers not just energy for the moment but also sustainable, clean energy powered by L-theanine and adaptogens that improve cognitive function. Beyond the moment, the drink is also created to repair, replenish, and restore the body so that consumers are ready for their next exertion. Follow R7 online at www.DrinkR7.com.
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SOURCE R7 Energy | https://www.wibw.com/prnewswire/2022/07/28/r7-energy-every-day-energy-drink-launches-3-new-flavors-with-top-shelf-formula-pro-athletes-entertainers-everyday-high-performing-individuals/ | 2022-07-28T11:34:54Z |
Wind Advisory issued April 12 at 2:46PM MDT until April 12 at 8:00PM MDT by NWS Pocatello ID
* WHAT…West winds 25 to 35 mph with gusts up to 50 mph
expected. Gusts in excess of 50 mph are possible in the area
of Yale and Idahome, as well as at ridgetops.
* WHERE…Shoshone, Richfield, Carey, Burley, Rupert, Heyburn,
Oakley, Albion, Almo, Malta, Rockland, and Holbrook. This
includes Interstate 84 south of the 86 Junction.
* WHEN…Until 8 PM MDT this evening.
* IMPACTS…Gusty winds could make driving difficult, especially
for high profile vehicles. Unsecured objects may be blown
around. Some blowing snow is possible, especially east of the
Albion Mountains impacting I 84 and Idaho 81.
Use extra caution when driving, especially if operating a high
profile vehicle. Secure outdoor objects. | https://localnews8.com/weather/alerts-weather/2022/04/12/wind-advisory-issued-april-12-at-246pm-mdt-until-april-12-at-800pm-mdt-by-nws-pocatello-id/ | 2022-04-12T21:21:10Z |
TARRYTOWN, N.Y., May 21, 2022 /PRNewswire/ --
Children already on other lipid-lowering therapies entered the trial with dangerously high LDL-C (264 mg/dL on average), and 79% saw their LDL-C reduced by at least half at 24 weeks
FDA submission planned by end of 2022
Regeneron Pharmaceuticals, Inc. (NASDAQ: REGN) today announced positive results from a Phase 3 trial evaluating Evkeeza® (evinacumab) in children aged 5 to 11 with homozygous familial hypercholesterolemia (HoFH). The trial met its primary endpoint, showing children who added investigational Evkeeza to other lipid-lowering therapies reduced their low-density lipoprotein-cholesterol (LDL-C) by 48% at week 24 on average. Detailed results were presented today at the 5th European Atherosclerosis Society Pediatric Familial Hypercholesterolemia symposium and will form the basis of a regulatory submission to the U.S. Food and Drug Administration (FDA) later this year.
"Children living with HoFH have an incredibly rare and severe disease that causes dangerously high LDL-C levels. On current treatment options alone, many patients don't reach their treatment goals, leaving them with an uncertain future," said M. Doortje Reijman, M.D., Research Associate in Pediatric Metabolic Diseases and Nephrology at the Amsterdam University Medical Center, and a trial investigator. "Evinacumab has already demonstrated significant LDL-C reductions in adolescents and adults with HoFH. This latest Phase 3 trial illustrates the potential of this medicine to be a breakthrough HoFH therapy for children as young as 5-years old, helping them control their LDL-C early in the course of their disease."
Despite treatment with other lipid-lowering therapies, children (n=14) entered the trial with an average LDL-C level of 264 mg/dL, more than twice the target (<130 mg/dL) for pediatric patients with HoFH. After 24 weeks of Evkeeza treatment (15 mg/kg every 4 weeks delivered intravenously [IV]), the Phase 3 trial met its primary endpoint with additional results showing:
- 79% of patients reduced their LDL-C by at least half
- An absolute 132 mg/dL reduction in LDL-C from baseline, on average
- Reductions in levels of all lipid endpoint parameters assessed, which were generally observed within the first 8 weeks of treatment. These lipid parameters were apolipoprotein B, non-high-density lipoprotein cholesterol, lipoprotein(a) and total cholesterol.
Evkeeza was generally well-tolerated with all patients completing the trial. The most common adverse events (AEs) were throat pain (oropharyngeal pain, 21%) as well as upper abdominal pain, diarrhea, headache and nasopharyngitis (all 14%). There were 2 severe AEs (aortic stenosis and tonsilitis), both of which were considered unrelated to treatment.
Evkeeza is the first ANGPTL3-targeted (angiopoietin-like 3-targeted) therapy approved by the FDA (as evinacumab-dgnb) and European Commission as an adjunct therapy for certain patients aged 12 years and older with HoFH.
The potential use of Evkeeza in HoFH patients aged 5 to 11 years is currently under clinical development, and its safety and efficacy have not been fully evaluated by any regulatory authority.
About HoFH
HoFH is an ultra-rare inherited condition, and the most severe form of familial hypercholesterolemia (FH). The disease affects 1 in 160,000 to 300,000 people worldwide and approximately 1,300 in the U.S. HoFH occurs when two copies of the FH-causing genes are inherited, one from each parent, resulting in dangerously high levels (>400 mg/dL) of LDL-C, or bad cholesterol. Those living with HoFH are at risk for premature atherosclerotic disease and life-threatening cardiac events as early as their teen years.
About the trial
The Phase 3 data are the Part B portion of a three-part, single-arm, open-label trial evaluating Evkeeza in pediatric patients with HoFH aged 5 to 11 years. In Part B, 14 patients were enrolled with an average age of 9 years. Among them, 86% were on statins, 93% were on ezetimibe, 50% were on LDL apheresis and 14% were on lomitapide.
During the 24-week treatment period, patients received Evkeeza 15 mg/kg every four weeks via IV alongside their lipid-lowering treatment regimen. The primary endpoint was change in LDL-C at week 24. Secondary endpoints included the effect of Evkeeza on other lipid parameters, efficacy by mutation status, safety and tolerability, immunogenicity and pharmacokinetics (PK).
Part A was a Phase 1b trial designed to assess the PK, safety and tolerability of Evkeeza. Patients who completed Part A or B were allowed to continue treatment in Part C, an ongoing Phase 3 extension trial. Parts A, B and C were not designed to evaluate the effect of Evkeeza on cardiovascular events.
About Evkeeza® (evinacumab)
Evkeeza was invented using Regeneron's VelocImmune® technology and is a fully human monoclonal antibody that binds to and blocks the function of ANGPTL3, a protein that inhibits lipoprotein lipase (LPL) and endothelial lipase (EL) and regulates circulating lipids, including LDL-C.
Regeneron scientists discovered the angiopoietin gene family more than two decades ago (see publications from 1996, 1997 and 1999). Human genetics research published in New England Journal of Medicine in 2017 by scientists from the Regeneron Genetics Center® found that patients whose ANGPTL3 gene did not function properly (called a "loss-of function mutation") have significantly lower levels of key blood lipids, including LDL-C, and that this is associated with a significantly lower risk of coronary artery disease.
The generic name for Evkeeza in its approved U.S. indications is evinacumab-dgnb, with dgnb the suffix designated in accordance with Nonproprietary Naming of Biological Products Guidance for Industry issued by the U.S. FDA. The safety and effectiveness of Evkeeza have not been established in patients with other causes of hypercholesterolemia, including those with heterozygous familial hypercholesterolemia (HeFH). The effect of Evkeeza on cardiovascular morbidity and mortality has not been determined.
Regeneron is responsible for the development and distribution of Evkeeza in the U.S. and is collaborating with Ultragenyx to clinically develop, commercialize and distribute Evkeeza outside of the U.S.
About Regeneron's VelocImmune Technology
Regeneron's VelocImmune technology utilizes a proprietary genetically engineered mouse platform endowed with a genetically humanized immune system to produce optimized fully human antibodies. When Regeneron's President and Chief Scientific Officer George D. Yancopoulos was a graduate student with his mentor Frederick W. Alt in 1985, they were the first to envision making such a genetically humanized mouse, and Regeneron has spent decades inventing and developing VelocImmune and related VelociSuite® technologies. Dr. Yancopoulos and his team have used VelocImmune technology to create approximately one in five of all original, FDA-approved fully human monoclonal antibodies currently available. This includes Evkeeza® (evinacumab-dgnb), REGEN-COV® (casirivimab and imdevimab), Dupixent® (dupilumab), Libtayo® (cemiplimab-rwlc), Praluent® (alirocumab), Kevzara® (sarilumab) and Inmazeb™ (atoltivimab, maftivimab and odesivimab-ebgn).
IMPORTANT SAFETY INFORMATION FOR EVKEEZA® (evinacumab-dgnb) INJECTION
Who should not use EVKEEZA?
Do not use EVKEEZA if you are allergic to evinacumab-dgnb or to any of the ingredients in EVKEEZA.
Before receiving EVKEEZA, tell your healthcare provider about all of your medical conditions, including if you:
- Are pregnant or plan to become pregnant. EVKEEZA may harm your unborn baby. Tell your healthcare provider if you become pregnant while using EVKEEZA. People who are able to become pregnant:
- Your healthcare provider may do a pregnancy test before you start treatment with EVKEEZA
- You should use an effective method of birth control during treatment and for at least 5 months after the last dose of EVKEEZA. Talk with your healthcare provider about birth control methods that you can use during this time.
- Are breastfeeding or plan to breastfeed. It is not known if EVKEEZA passes into your breast milk. You and your healthcare provider should decide if you will receive EVKEEZA or breastfeed.
Tell your healthcare provider about all the medicines you take, including prescription and over-the-counter medicines, vitamins, and herbal supplements.
What are the possible side effects of EVKEEZA?
EVKEEZA can cause serious side effects, including:
Allergic reactions (hypersensitivity), including a severe reaction known as anaphylaxis. Tell your healthcare provider right away if you get any of the following symptoms: swelling (mainly of the lips, tongue or throat which makes it difficult to swallow or breathe), breathing problems or wheezing, feeling dizzy or fainting, rash, hives, and itching.
The most common side effects of EVKEEZA include symptoms of the common cold, flu-like symptoms, dizziness, pain in legs or arms, nausea, and decreased energy.
Tell your healthcare provider if you have any side effect that bothers you or does not go away. These are not all the possible side effects of EVKEEZA. Call your doctor for medical advice about side effects. You may report side effects to FDA at 1-800-FDA-1088.
Please see full Prescribing Information, including Patient Information.
About Regeneron
Regeneron (NASDAQ: REGN) is a leading biotechnology company that invents life-transforming medicines for people with serious diseases. Founded and led for over 30 years by physician-scientists, our unique ability to repeatedly and consistently translate science into medicine has led to nine FDA-approved treatments and numerous product candidates in development, almost all of which were homegrown in our laboratories. Our medicines and pipeline are designed to help patients with eye diseases, allergic and inflammatory diseases, cancer, cardiovascular and metabolic diseases, pain, hematologic conditions, infectious diseases and rare diseases.
Regeneron is accelerating and improving the traditional drug development process through our proprietary VelociSuite technologies, such as VelocImmune, which uses unique genetically humanized mice to produce optimized fully human antibodies and bispecific antibodies, and through ambitious research initiatives such as the Regeneron Genetics Center, which is conducting one of the largest genetics sequencing efforts in the world.
For additional information about the company, please visit www.regeneron.com or follow @Regeneron on Twitter.
Regeneron Forward-Looking Statements and Use of Digital Media
This press release includes forward-looking statements that involve risks and uncertainties relating to future events and the future performance of Regeneron Pharmaceuticals, Inc. ("Regeneron" or the "Company"), and actual events or results may differ materially from these forward-looking statements. Words such as "anticipate," "expect," "intend," "plan," "believe," "seek," "estimate," variations of such words, and similar expressions are intended to identify such forward-looking statements, although not all forward-looking statements contain these identifying words. These statements concern, and these risks and uncertainties include, among others, the impact of SARS-CoV-2 (the virus that has caused the COVID-19 pandemic) on Regeneron's business and its employees, collaborators, and suppliers and other third parties on which Regeneron relies, Regeneron's and its collaborators' ability to continue to conduct research and clinical programs, Regeneron's ability to manage its supply chain, net product sales of products marketed or otherwise commercialized by Regeneron and/or its collaborators or licensees (collectively, "Regeneron's Products"), and the global economy; the nature, timing, and possible success and therapeutic applications of Regeneron's Products and product candidates being developed by Regeneron and/or its collaborators or licensees (collectively, "Regeneron's Product Candidates") and research and clinical programs now underway or planned, including without limitation Evkeeza® (evinacumab); the likelihood, timing, and scope of possible regulatory approval and commercial launch of Regeneron's Product Candidates and new indications for Regeneron's Products, such as Evkeeza for the treatment of children aged 5 to 11 with homozygous familial hypercholesterolemia; uncertainty of the utilization, market acceptance, and commercial success of Regeneron's Products and Regeneron's Product Candidates and the impact of studies (whether conducted by Regeneron or others and whether mandated or voluntary), including the study discussed in this press release, on any of the foregoing or any potential regulatory approval of Regeneron's Products and Regeneron's Product Candidates (such as Evkeeza); the ability of Regeneron's collaborators, licensees, suppliers, or other third parties (as applicable) to perform manufacturing, filling, finishing, packaging, labeling, distribution, and other steps related to Regeneron's Products and Regeneron's Product Candidates; the ability of Regeneron to manage supply chains for multiple products and product candidates; safety issues resulting from the administration of Regeneron's Products (such as Evkeeza) and Regeneron's Product Candidates in patients, including serious complications or side effects in connection with the use of Regeneron's Products and Regeneron's Product Candidates in clinical trials; determinations by regulatory and administrative governmental authorities which may delay or restrict Regeneron's ability to continue to develop or commercialize Regeneron's Products and Regeneron's Product Candidates, including without limitation Evkeeza; ongoing regulatory obligations and oversight impacting Regeneron's Products, research and clinical programs, and business, including those relating to patient privacy; the availability and extent of reimbursement of Regeneron's Products from third-party payers, including private payer healthcare and insurance programs, health maintenance organizations, pharmacy benefit management companies, and government programs such as Medicare and Medicaid; coverage and reimbursement determinations by such payers and new policies and procedures adopted by such payers; competing drugs and product candidates that may be superior to, or more cost effective than, Regeneron's Products and Regeneron's Product Candidates; the extent to which the results from the research and development programs conducted by Regeneron and/or its collaborators or licensees may be replicated in other studies and/or lead to advancement of product candidates to clinical trials, therapeutic applications, or regulatory approval; unanticipated expenses; the costs of developing, producing, and selling products; the ability of Regeneron to meet any of its financial projections or guidance and changes to the assumptions underlying those projections or guidance; the potential for any license, collaboration, or supply agreement, including Regeneron's agreements with Sanofi, Bayer, and Teva Pharmaceutical Industries Ltd. (or their respective affiliated companies, as applicable) to be cancelled or terminated; and risks associated with intellectual property of other parties and pending or future litigation relating thereto (including without limitation the patent litigation and other related proceedings relating to EYLEA® (aflibercept) Injection, Dupixent® (dupilumab), Praluent® (alirocumab), and REGEN-COV® (casirivimab and imdevimab)), other litigation and other proceedings and government investigations relating to the Company and/or its operations, the ultimate outcome of any such proceedings and investigations, and the impact any of the foregoing may have on Regeneron's business, prospects, operating results, and financial condition. A more complete description of these and other material risks can be found in Regeneron's filings with the U.S. Securities and Exchange Commission, including its Form 10-K for the year ended December 31, 2021 and its Form 10-Q for the quarterly period ended March 31, 2022. Any forward-looking statements are made based on management's current beliefs and judgment, and the reader is cautioned not to rely on any forward-looking statements made by Regeneron. Regeneron does not undertake any obligation to update (publicly or otherwise) any forward-looking statement, including without limitation any financial projection or guidance, whether as a result of new information, future events, or otherwise.
Regeneron uses its media and investor relations website and social media outlets to publish important information about the Company, including information that may be deemed material to investors. Financial and other information about Regeneron is routinely posted and is accessible on Regeneron's media and investor relations website (http://newsroom.regeneron.com) and its Twitter feed (http://twitter.com/regeneron).
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SOURCE Regeneron Pharmaceuticals, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/21/evkeeza-evinacumab-phase-3-trial-demonstrates-48-ldl-c-reduction-children-with-ultra-rare-form-high-cholesterol/ | 2022-05-21T11:33:26Z |
VANCOUVER, BC, Aug. 31, 2022 /PRNewswire/ -- WAT Medical is thrilled to introduce its latest innovative technology that would help the millions of people who suffer from nausea and vomiting, the EmeTerm Plus, while also developing an eco-friendly roadmap that would benefit future innovations. The original anti-nausea wristband, EmeTerm, received its FDA clearance in 2018. It has entered the U.S. market for four years as an effective and reliable device to manage nausea-induced vomiting. EmeTerm has also received the iF Design Award for in recognition for its innovative design and usability.
EmeTerm uses neuromodulation, a clinically proven technique to alter the electrical signals within the body. The electric current is sent via the P6 acupuncture point on underside of the wrist. The electric pulses are delivered to targeted areas in the brain and precisely block the signals of nausea and vomiting from brain to stomach.
Focusing on environmental protection, WAT Medical developed EmeTerm PLUS, (pre-order on www.emeterm.com). The new design features enhanced electric pulse transfer from device to skin. No conduct gel is needed, which could improve affordability to consumers.
With an improved battery life of 30+ hours, IP67 waterproof grading, along with a number of other upgrades, EmeTerm PLUS becomes even more user-friendly and effective than its predecessor. Less frequent charging is needed, the wristband is firm and comfortable to wear, and the new electrode material enhances the electrical stimulation. Lastly, EmeTerm PLUS use natural materials and medical silicon rubber to reduce the carbon footprints and will not cause allergy.
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SOURCE WAT Medical Enterpsise Ltd. | https://www.wibw.com/prnewswire/2022/08/31/eco-friendly-anti-nausea-vomiting-wristband-emeterm-plus/ | 2022-08-31T17:58:18Z |
HARRISBURG, Pa. (AP) — Pennsylvania’s top election official said Wednesday that the margin between the top two candidates in last week’s Republican primary for U.S. Senate is tight enough to trigger a statewide recount, dragging the outcome into June as the candidates fight in court.
The state’s acting secretary of state, Leigh Chapman, said the difference in vote totals for the top two finishers — celebrity heart surgeon Dr. Mehmet Oz and former hedge fund CEO David McCormick — fall within the margin in state law for a mandatory recount.
Oz, who is endorsed by former President Donald Trump, led McCormick by 902 votes, or 0.07 percentage points, out of 1,343,643 ballots reported by the state as of Wednesday.
One question for McCormick’s campaign is whether there are enough outstanding ballots for him to make up the difference with Oz.
The Department of State estimated that counties had about 10,000 provisional and absentee ballots remaining to count, but it did not know how many were cast by Republican voters.
There are another 860 Republican mail-in ballots without handwritten dates on their envelopes that are the subject of court cases, department officials said.
Under Pennsylvania’s recount law, the separation between the candidates must be inside the law’s 0.5% margin. The Associated Press will not declare a winner in the race until the recount is complete. That could take until June 8.
The winner will face Democratic Lt. Gov. John Fetterman in November’s midterm elections in what Democrats see as their best opportunity to pick up a seat in the closely divided Senate. The incumbent, Republican Sen. Pat Toomey, is retiring after serving two terms.
The deadline for counties to report their unofficial results to the state elections office was Tuesday. Even so, counties continued counting thousands of ballots on Wednesday, including provisional, military and overseas absentee ballots.
Chapman’s recount order is mandatory — unless the losing candidate requests that it not be carried out. McCormick had no plans to decline a recount and said in a statement that “we look forward to a swift resolution so our party can unite and defeat” Fetterman in the fall.
Counties will begin the recount next week and have until June 7 to finish and another day to report results to the state.
In those cases, McCormick is hoping to get help closing the gap in votes with Oz.
His campaign has asked the Pennsylvania Supreme Court to compel counties to promptly count those ballots. A lower court has ordered a hearing next Tuesday on the matter.
Oz, the Republican National Committee and the state Republican Party oppose McCormick’s request. A separate case that affects those same ballots could go to the U.S. Supreme Court.
___
Follow Marc Levy on Twitter at https://twitter.com/timelywriter.
___
Follow AP for full coverage of the midterms at https://apnews.com/hub/2022-midterm-elections and on Twitter at https://twitter.com/ap_politics. | https://cw33.com/news/politics/ap-politics/oz-mccormick-race-heads-toward-recount-in-pa-senate-primary/ | 2022-05-26T01:56:40Z |
MILWAUKEE, June 13, 2022 /PRNewswire/ -- Ademi LLP is investigating Steel Connect (NASDAQ:STCN) for possible breaches of fiduciary duty and other violations of law in its transaction with Steel Partners.
Click here to learn how to join the action: https://www.ademilaw.com/case/steel-connect-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Steel Connect's financial outlook and prospects are excellent and yet Steel Connect holders will receive only $1.35 per share in cash and one contingent value right to receive their pro rata share of net proceeds, to the extent such net proceeds exceed $80 million plus certain related costs and expenses, if Steel Connect's ModusLink subsidiary is sold during the two-year period following completion of the merger. The transaction agreement unreasonably limits competing bids for Steel Connect by imposing a significant penalty if Steel Connect accepts a superior bid. Steel Connect insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Steel Connect's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Steel Connect.
If you own Steel Connect common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/steel-connect-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi LLP | https://www.wibw.com/prnewswire/2022/06/13/shareholder-alert-ademi-llp-investigates-whether-steel-connect-inc-has-obtained-fair-price-its-transaction-with-steel-partners/ | 2022-06-13T15:50:09Z |
New Oracle survey shows fans want tech to cut waits and boost interactions with favorite teams and artists
Many fans draw the tech line at robot umpires and referees
AUSTIN, Texas, Aug. 9, 2022 /PRNewswire/ -- From their mobile devices to the metaverse, consumers are looking to tech to level-up their stadium outings, according to a new Oracle Food and Beverage survey. For example, 57% of stadium goers would love to pre-order food and drinks to avoid the lines and 53% think it would be amazing to engage with their favorite teams and artists in the metaverse.
"Stadium visitors want the best of both worlds; they seek the excitement of live in-person viewing but want the experience to feel as convenient as other parts of their life, such as ordering take-out," said Simon de Montfort Walker, senior vice president and general manager at Oracle Food and Beverage. "While providing an immersive and seamless journey presents challenges to stadium operators, fans' increased expectations have also created opportunity to bring innovation and digitalization into the traditional stadium sphere."
The survey conducted by Oracle research partner Untold Insights, polled 5,640 global consumers* in May 2022. Score your copy of the "Stadium without Borders: Stadium technology and trends in 2022 and beyond" report: https://www.oracle.com/industries/food-beverage/sports-entertainment/consumer-trends-2022/
Tech creating a homerun experience before, during, and after the game
From entering the stadium through to getting player stats, consumers want technology that will give them more bang for their stadium buck:
- 53% think it would be amazing to engage with their favorite teams and artists in the metaverse (such as virtual "backstage/stadium" tours and meet-ups, shopping for merchandise, etc.). This sentiment was especially true of sports fans (64%), and millennials (65%)
- 42% say they'd like to use their fingerprint, rather than a ticket, to enter a stadium
- 38% (the #1 preference) want to view sports stats through their mobile device
- 53% of respondents are interested in receiving special offers for pre-game activities
Speed and convenience of digital wins over fans
With staffing shortages lingering, fans believe customer service is getting worse at stadiums and are counting on tech to speed the process and shorten wait times:
- 42% are frustrated with waiting in long lines for concessions
- 53% would prefer a more flexible, self-serve digital experience versus interacting with staff during live stadium events
- 57% love the idea of pre-ordering food and drink for pick at a specific time
- 33% of people will pay extra to pre-order their meal if it means a shorter wait
"Today's fans expect an experience that extends beyond the game. They are looking for great food, friendly service, engaging promotions and hopefully a win for the orange and black," said Bill Schlough, senior vice president and chief information officer, San Francisco Giants. "Technology is playing an increasingly important role in delivering these experiences from the moment a fan begins planning their trip to Oracle Park. For example, more and more fans are bypassing the concession lines by ordering food on their mobile device so they don't miss any of the action on the field. Oracle's technology is helping us bring these offerings to life and continually reimagine how we can enhance the experience for our fans."
Robot recruits – foe or friends?
The survey showed that fans are mixed on the contentious topic of moving to robot umpires and referees across various sports. While many consumers are indifferent, whether they are rooting for or against the robots largely depends on their region:
- 42% of consumers globally hated the idea (36% for US), 29% loved it (30% for US), and 29% are indifferent (34% for US)
- Leading-off for the 'hate the idea' team is Germany (58%), Italy (53%), Spain (52%), Australia (50%), France (48%), Brazil (44%)
- Meanwhile, China (54%), and UAE (53%) 'love the idea' of robot umps and refs
To learn how stadiums are winning with our point-of-sale technology and restaurant business analytics please visit Oracle Food and Beverage.
*Countries surveyed include Australia, Brazil, China, France, Germany, Italy, Mexico, Spain, United Arab Emirates, the United Kingdom, and the United States.
About Oracle Food & Beverage
Oracle Food and Beverage, formerly MICROS, brings 40 years of experience in providing software and hardware solutions to restaurants, bars, pubs, clubs, coffee shops, cafes, stadiums, and theme parks. Thousands of operators, both large and small, around the world are using Oracle technology to deliver exceptional guest experiences, maximize sales, and reduce running costs.
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
Trademarks
Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.
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SOURCE Oracle | https://www.kxii.com/prnewswire/2022/08/09/stadium-goers-root-high-tech-outings/ | 2022-08-09T13:05:03Z |
‘Very, very unlikely’ Fed can tame inflation without sparking recession, former NY Fed chief says
By Matt Egan, CNN Business
The Federal Reserve helped rescue the economy from the worst pandemic in a century. That task may prove easy compared with the Fed’s next mission: crush inflation, without causing a recession.
Achieving a so-called “soft landing” will be challenging because the jobs market is on fire. It’s so hot that the unemployment rate may need to rise to get inflation under control.
“The chances of pulling this off are very, very low because they have to push up the unemployment rate,” Bill Dudley, the former president of the New York Federal Reserve Bank, told CNN.
History is not on the Fed’s side.
“In the past, when you’ve pushed up the unemployment rate, you’ve almost never been able to avoid a full-fledged recession,” Dudley said. “The problem the Fed faces is they’re just late.”
Technically, the Fed has the ability to catch up to inflation — by raising interest rates rapidly.
The US central bank is widely expected to announce on Wednesday its first interest rate hike of half a percentage point since 2000. Markets are bracing for a series of large rate hikes to cool off the worst inflation in 40 years.
In theory, the US central bank can raise interest rates as high as needed to put the inflation fire out. But the more the Fed does that, the greater the risk of a miscalculation that prematurely ends the recovery.
“That’s why soft landings are so difficult to pull off,” said Dudley, who led the New York Fed from 2009 until mid-2018. “By the time you know you’ve overdone it, the next thing you know, you’re already in a recession.”
‘Very difficult assignment’
Current Fed officials and some economists express cautious optimism about avoiding a feared hard landing for the economy. Fed Chairman Jerome Powell has pointed to soft landings that occurred in 1965, 1984 and 1994.
“I believe that the historical record provides some grounds for optimism: Soft, or at least soft-ish, landings have been relatively common,” Powell said in a March speech.
However, Dudley notes that in those examples, the unemployment rate didn’t actually increase.
Today, the unemployment rate stands at just 3.6%, well within the range the Fed considers full employment. And the jobless rate is likely to keep dipping, perhaps hitting levels unseen since the early 1950s.
“The Federal Reserve has to slow the economy down and generate some slack in the labor market,” Dudley said. “That’s a very difficult assignment to pull off.”
The former Fed official says history shows that when the unemployment rate starts to rise, it typically “provokes a full-blown recession.”
That may be for psychological reasons. “People, once they start to see the job market is deteriorating, they start to get worried about their own job prospects. You pull back on consumption and spending,” Dudley said.
Low recession risks for now?
The good news is that a recession does not appear imminent. And Goldman Sachs, Dudley’s former employer, has been telling clients that a recession is not inevitable.
Still, worries about the economy were reinforced by last week’s gross domestic product report, which showed the US economy unexpectedly contracted during the first quarter.
Many economists say the surprise GDP report reflects temporary factors that overshadowed strong consumer and business spending.
Dudley said GDP went negative because of “some crazy stuff” related to inventories and trade, adding that the underlying demand in the economy is “strong.”
“There is very little chance of recession in the next year,” Dudley said.
Higher than 50% chance of recession in 2023 and 2024
The concern is how the US economy in 2023 and 2024 withstands a series of interest rate hikes that will jack up the cost of mortgages, car loans, credit cards and business loans.
Once the Fed brings interest rates above the neutral level, it will effectively be slamming the brakes on the economy. That’s when the risk of a recession “goes up a lot,” Dudley said, adding that the chance of a recession in 2023 and 2024 is “definitely higher than 50%.”
Of course, the Fed could decide to stop raising interest rates if it fears setting off a downturn.
In some ways that’s what happened in 2019, when the Powell-led Fed halted rate hikes amid slowdown fears. No one knows how that would have turned out because Covid-19 hit in early 2020, forcing the Fed to dramatically slash interest rates.
“The Fed could try to procrastinate,” Dudley said. “But if they do that, inflation will likely come back and then they’ll have to slam on the brakes even harder. Procrastination doesn’t really lead to a good outcome. That just leads to a harder landing down the road.”
‘Policy mistake’
Recession fears today — just two years into this economic recovery — underscore the difficult position in which the Fed finds itself.
Last spring and summer, the Fed shrugged high inflation off as “transitory,” a phrase it has since abandoned. The central bank opted to keep its emergency policies in place, hoping inflation would cool off.
Inflation has proven to be more persistent and broad-based than economists and investors anticipated, in part because of surprises including additional Covid-19 supply disruptions and now the war in Ukraine.
At the same time, the jobs market raced back to full employment faster than expected. Powell conceded in March that, with the benefit of hindsight, “obviously” it would have been appropriate for the Fed to have moved into inflation-fighting mode earlier.
Although Dudley says the Fed deserves “credit” for its “powerful and very fast” response to the pandemic in early 2020, he suggests it also deserves blame for its inflation response.
“They were very, very late in removing monetary policy accommodation,” Dudley said. “That’s going to turn out, in retrospect, to be a bit of a policy mistake.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/05/03/very-very-unlikely-fed-can-tame-inflation-without-sparking-recession-former-ny-fed-chief-says-2/ | 2022-05-03T13:10:32Z |
Capitol rioter with Confederate flag gets 5 months in prison
(AP) – A Maryland man who used a lacrosse stick attached to a Confederate battle flag to shove a police officer during the U.S. Capitol riot was sentenced on Wednesday to five months in prison, according to a Justice Department spokesman.
U.S. District Judge Christopher Cooper also sentenced David Alan Blair to 18 months of supervised release after his prison term and ordered him to pay $2,000 in restitution, said William Miller, a spokesman for the U.S. Attorney’s office for the District of Columbia.
Federal prosecutors recommended sentencing Blair to eight months in prison followed by three years of supervised release.
Blair’s attorney, Terrell Roberts III, asked for a sentence of probation.
Blair, 27, left his home in Clarksburg, Maryland, and started driving to Washington, D.C., after the riot erupted at the Capitol on Jan. 6, 2021. Shortly before 6 p.m., Blair encountered a line of Metropolitan Police Department officers on the Capitol’s West Lawn and refused to heed their commands to leave the area, prosecutors said.
A police officer’s body camera captured Blair walking in front of the police line and yelling, “Hell naw. Quit backing up. Don’t be scared. We’re Americans.”
Blair was arrested after he pushed his lacrosse stick against an officer’s chest.
The officer responded to the push by striking Blair three times in the head with a baton, drawing blood and giving him a concussion, according to Blair’s attorney.
Approximately 840 people have been charged with federal crimes related to the Capitol riot. Over 330 of them have pleaded guilty, mostly to misdemeanor charges punishable by no more than one year imprisonment. More than 200 have been sentenced, including approximately 100 who received prison terms ranging from nine days to over five years.
Blair is one of several Capitol riot defendants who carried a Confederate battle flag that day. The others include Kevin Seefried, a Delaware man who was convicted in June of storming the Capitol with his adult son. Another flag-toting rioter, Matthew Ryan Miller, was sentenced in May to 33 months in prison for assaulting police officers and obstructing an official proceeding.
Blair pleaded guilty in March to a felony charge of interfering with law enforcement during a civil disorder, which carries a maximum sentence of five years imprisonment.
In a court filing, Roberts said Blair thought he had the right to be where he was and to “exercise his First Amendment right of free assembly” before one of the advancing officers shoved him.
“The brute force which led to provoking the defendant was not called for,” Roberts wrote.
Blair didn’t enter the Capitol. He told investigators that he went there to “fight Antifa,” not to disrupt Congress from certifying President Joe Biden’s 2020 electoral victory, according to prosecutors.
Blair also said he had been trading social media messages with somebody who often made anti-Semitic remarks and “blamed Israel for the world’s problems,” Assistant U.S. Attorney Michael Liebman wrote in a court filing.
“Blair further explained that as a result of these discussions he came to believe the United States was ‘falling apart’ and that he had to ‘stand up’ to communism,” Liebman added.
On Jan. 6, Blair was wearing a skull-themed neck gaiter and a backpack containing a knife with a serrated blade and a roll of duct tape. He told police that he used the duct tape to attach the Confederate battle flag to his lacrosse stick.
Liebman said Blair likely knew that displaying the flag, widely viewed as a symbol of racist hate, would “antagonize any ideological opponent he might encounter.”
Blair, whose mother is from South Carolina, “cared deeply about his family’s heritage,” his lawyer wrote.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/13/capitol-rioter-with-confederate-flag-gets-5-months-prison/ | 2022-07-13T17:34:20Z |
NEW YORK, Aug. 11, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Zendesk, Inc. (NYSE: ZEN), in connection with the proposed acquisition of ZEN by investment firms Permira and Hellman & Friedman LLC. Under the terms of the merger agreement, ZEN shareholders will receive $77.50 in cash for each share of ZEN common stock owned. If you own ZEN shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/zen
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of EVO Payments, Inc. (NASDAQ: EVOP), in connection with the proposed acquisition of EVOP by Global Payments Inc. Under the terms of the merger agreement, EVOP shareholders will receive $34.00 in cash for each share of EVOP common stock owned. If you own EVOP shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/evop
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Romeo Power, Inc. (NYSE: RMO), in connection with the proposed acquisition of RMO by Nikola Corporation ("Nikola") via tender offer. Under the terms of the merger agreement, RMO shareholders will receive 0.1186 shares of Nikola common stock for each RMO share owned, representing implied per-share merger consideration of approximately $0.83 based upon Nikola's August 10, 2022 closing price of $6.99. If you own RMO shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/rmo
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Resolute Forest Products Inc. (NYSE: RFP) in connection with the proposed acquisition of RFP by The Paper Excellence Group, through its wholly-owned subsidiary Domtar Corporation ("Domtar"). The transaction will be carried out by way of a merger of RFP with a newly created subsidiary of Domtar, providing for conversion of each share of RFP common stock into the right to receive $20.50 per share, together with a Contingent Value Right ("CVR") entitling the holder to a share of future softwood lumber duty deposit refunds. If you own RFP shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/rfp
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SOURCE Weiss Law | https://www.wibw.com/prnewswire/2022/08/11/shareholder-alert-weiss-law-reminds-zen-evop-rmo-rfp-shareholders-about-its-ongoing-investigations/ | 2022-08-11T21:34:19Z |
HOUSTON, Aug. 22, 2022 /PRNewswire/ -- McDermott International has been awarded a Front-End Engineering Design (FEED) contract from Viva Energy Australia as part of its Geelong Refinery project to provide additional desulfurization capabilities. The award follows the successful completion of the Pre-FEED activity and encompasses early engineering and procurement services to support the project schedule.
Under the contract scope, McDermott will provide FEED services for a new modularized production unit. The unit will produce ultra-low sulfur gasoline with up to ten parts per million (ppm) sulfur to meet the proposed changes to Australia's fuel quality standards from the end of 2024. Lower sulfur gasoline will support improved vehicle emissions.
"This award is testament to our successful execution of the pre-FEED. In this next phase, we will apply McDermott's extensive modularization expertise to ensure quality, reduce cost and maintain the schedule," said Tareq Kawash, Senior Vice President, Onshore of McDermott. "We look forward to continuing to support Viva Energy Australia's carbon emission reduction goals to provide cleaner fuels and enhance Australia's fuel security."
Work on the project will be executed from McDermott's engineering center of excellence in The Hague, the Netherlands with support from its offices in Gurgaon, India, and Perth, Australia.
About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott's innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott's locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
Forward-Looking Statements
McDermott cautions that statements in this communication which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about the expected scope and execution of the project discussed in this press release. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott's management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.
Contacts:
Global Media Relations
Reba Reid
Senior Director, Global Communications and Marketing
+1 281 588 5636
RReid@McDermott.com
Local Media Relations
Barbara Knight
Senior Director, Business Line Communications and Marketing
+971 56 403 2903
BBKnight@mcdermott.com
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SOURCE McDermott International, Ltd | https://www.mysuncoast.com/prnewswire/2022/08/22/mcdermott-awarded-feed-contract-viva-energy-australia/ | 2022-08-22T12:49:50Z |
NEW YORK, May 12, 2022 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
- Dynavax Technologies Corp. (NASD: DVAX) will replace Bottomline Technologies Inc. (NASD: EPAY) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, May 17. Thoma Bravo LP is acquiring Bottomline Technologies in a deal expected to be completed on May 13.
- S&P SmallCap 600 constituent Independence Realty Trust Inc. (NYSE: IRT) will replace Mimecast Ltd. (NASD: MIME) in the S&P MidCap 400, and Alpha and Omega Semiconductor Ltd. (NASD: AOSL) will replace Mimecast in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, May 19. Permira Holdings Ltd. is acquiring Mimecast in a deal expected to be completed on or about that date pending final conditions.
Following is a summary of the changes that will take place prior to the open of trading on the effective date:
For more information about S&P Dow Jones Indices, please visit www.spdji.com
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
FOR MORE INFORMATION:
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
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SOURCE S&P Dow Jones Indices | https://www.kxii.com/prnewswire/2022/05/12/independence-realty-trust-set-join-sampp-midcap-400-alpha-omega-semiconductor-amp-dynavax-technologies-join-sampp-smallcap-600/ | 2022-05-13T06:47:33Z |
Which Captain America Hoodies are best?
Everyone needs a reliable hoodie in their closet, so why not get one representing one of the most reliable superheroes? Captain America hoodies are readily available for fans of Marvel’s star-spangled Avenger. From costume hoodies to stylish sweatshirts, there are plenty of choices to keep warm and show off your Captain America fandom at the same time, including this fantastic Marvel Captain America Costume Zip Hoodie for Adults.
What to know before you buy a Captain America hoodie
How to find your size
Captain America hoodies do not have consistent sizing because many different companies make them. Every company has its own definition of what a small, medium or large size hoodie is. Fans should look at the size chart provided with the product listing to check the actual dimensions of the hoodie. Be aware, though, that some listings have just a generic size chart. It’s worth looking up the company and finding their specific size chart online if you want to be sure your Captain America hoodie will fit.
Captain America hoodie vs. Avengers hoodie
Captain America’s popularity means that he’s included in a large amount of Marvel clothing. He can be found on most Avengers merchandise since the character is the leader of the Avengers. So when searching for a Captain America hoodie fans should decide if they want a hoodie that Captain America is merely part of or one that exclusively features the character.
Front vs. rear design
Some Captain America hoodies feature their design on the front and others have the image on the back. This can get confusing because product listings will show the side with the picture on it and not necessarily indicate that it’s the back of the hoodie. Look closely at the direction the hood is shown to quickly determine if Captain America is on the front or back of your preferred hoodie.
What to look for in a quality Captain America hoodie
The hood
What makes a hoodie different from a sweatshirt is the hood. After all, it’s in the name! Fans will want a hoodie that has a reasonably sized and sturdy hood. Is the hood large enough to protect the entire head? Does it have a cord to make it adjustable? Does the fabric appear thick or thin? Product descriptions don’t normally have many specifics about the hood, so look carefully at pictures before purchasing.
Pockets
Pockets are not a standard design feature on hoodies. Some have one large pocket in the front. Others may have two smaller pockets or a pocket on the arm. Others are “pullover-style” with no pockets at all. Hoodie pockets are always exterior, so photos will also tell you how many pockets your Captain America hoodie has and give you an idea of how much they can hold.
Zipper
Some Captain America hoodies are zip hoodies, which means they zip up in the front like a traditional jacket. That makes a quality zipper an absolute must. If the zipper breaks, the hoodie can’t be closed, which means it won’t be as warm and may even affect the look (if the design is in the middle). Check out the zippers in any product photos to see if they’re sturdy or look like they might break off.
How much you can expect to spend on a Captain America hoodie
A Captain America hoodie ranges from $30-$50 in price.
Captain America hoodie FAQ
Is there a plus-size Captain America hoodie?
A. Yes. Captain America hoodie sizes vary by manufacturer, but many are available in sizes up to 2X-Large or 3X-Large. Check the individual product listing to see which sizes are available. It’s also worth looking at the size chart provided with each product listing because some hoodies may run bigger than traditional sizing.
Is there a Captain America hoodie for kids?
A. Yes. Kids’ superhero clothing is a huge market, and that includes Captain America hoodies and sweatshirts. Be aware that kids’ hoodies tend to be brighter and less detailed than adult hoodies. However, not every Captain America hoodie available is also available in a kid’s version. Some companies that manufacture fandom clothes for adults don’t have clothing lines for kids.
What’s the best Captain America hoodie to buy?
Top Captain America hoodie
Marvel Captain America Costume Zip Hoodie for Adults
What you need to know: This Captain America hoodie styled after his costume allows fans to dress up as their favorite superhero.
What you’ll love: The hoodie is perfect for Captain America superfans because the design is instantly recognizable. It comes with two pockets in the front. Don’t miss the Avengers logos that are included on each shoulder.
What you should consider: The kids’ version of this hoodie uses a significantly different design so parents and kids can’t dress up together.
Where to buy: Sold by Amazon
Top Captain America hoodie for the money
Marvel Captain America Shield American Flag Zip Hoodie
What you need to know: This striking hoodie offers an exciting new take on the traditional Captain America logo.
What you’ll love: The hoodie has a creative and detailed design that blends Captain America’s shield with the stars and stripes of the American flag. Its unisex fit makes this sweatshirt a good choice for both men and women.
What you should consider: The print is on the back of the hoodie. The colors used in print are dark, so fans have to be close up to appreciate the design fully.
Where to buy: Sold by Amazon
Worth checking out
Marvel Captain America Vintage Est. 1941 Hoodie
What you need to know: This athletic style Captain America hoodie recognizes the character’s 1940’s origins with a cool vintage look.
What you’ll love: This hoodie style allows fans to show off their Captain America love in a more laid-back way. The vintage look is a great way to celebrate the character’s history. The hoodie features a roomy front pocket.
What you should consider: The design is primarily text-based. The faded color scheme may not appeal to everyone.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/apparel-br/outerwear-br/best-captain-america-hoodie/ | 2022-06-02T22:50:49Z |
EB-5 stakeholders ensure all previously approved regional centers maintain authorization moving forward
DALLAS, Aug. 25, 2022 /PRNewswire/ -- Multiple EB-5 industry stakeholders have entered into a settlement agreement with the United States Citizenship and Immigration Services ("USCIS") that protects EB-5 investors and re-authorizes previously approved regional centers, effectively signaling the EB-5 program is fully back in business.
The settlement affects two cases: Behring Regional Center LLC, et al. v. Mayorkas, et al., No. 3:22-cv-2487-VC (N.D. Cal.) and EB5 Capital, et al. v. DHS, et al., No. 3:22-cv-3948-VC (N.D. Cal.). The plaintiffs include EB-5 regional center operators: Civitas Capital Group, EB5 Capital, CanAm Enterprises, Golden Gate Global, Pine State Regional Center, and EB-5IC's member–Behring Regional Center, as well as industry organization Invest in the USA ("IIUSA").
The key stipulations of the settlement – which can be read in its entirety here – are as follows:
- Previously authorized regional centers retain their authorization.
- Previously authorized regional centers must file a Form I-956 (a previously filed I-956 will meet this requirement) by December 29, 2022, along with the filing fee to maintain authorization.
- Previously authorized regional centers need not wait for approval of their Form I-956 and may immediately file I-956Fs (exemplars).
- If, after filing a form I-956F, a regional center does not receive a formal receipt notice within ten calendar days of delivery to USCIS, an investor may use other forms of proof of the I-956F filing in their I-526E petition, such as a lock box receipt, cashed check, or credit card charge provided by the regional center to the investor.
- The failure of a previously approved regional center to file a Form I-956 application or amendment will not, standing alone, be a basis for USCIS to deny an investor's I-526 or I-829 petition.
- USCIS will update its website, forms, and instructions to conform to the terms of the settlement agreement.
The settlement comes in the wake of legal action taken to protect the EB-5 industry from USCIS' decision earlier this year. After the EB-5 Reform and Integrity Act of 2022 went into effect in March, USCIS announced that all previously approved regional centers (those authorized by USCIS before the enactment of the Integrity Act) were categorically deauthorized. The Court determined that USCIS' action almost certainly committed legal error and would have severely harmed the EB-5 industry while leaving EB-5 investors in limbo. While all parties involved have agreed to the settlement, it is not a final settlement until approved by the court.
"Judge Chhabria's grant of a nationwide preliminary injunction, and USCIS' subsequent settlement to a reasonable settlement, enables the EB-5 Regional Center program to move forward contributing to the U.S. economy and creating American jobs," said Ron Klasko of Klasko Immigration Law Partners. "Judge Chhabria's thorough and well-reasoned decision provided the essential impetus for USCIS and the EB-5 industry to work constructively in reaching an agreement," said Paul Hughes of McDermott Will & Emery.
The industry stakeholders believe the agreement strengthens the EB-5 industry moving forward. "We hope this marks the beginning of a new era of cooperation between USCIS and the EB-5 industry," said Laura Reiff of Greenberg Traurig. "On behalf of IIUSA, its leadership, and its members, we are excited about the settlement agreement among all plaintiffs and the government. The settlement clearly punctuates the extended reauthorization of the EB-5 Regional Center Program and assures the vitality and integrity envisioned by the RIA," said Aaron Grau, Executive Director for IIUSA.
The EB-5 Program has an overwhelmingly positive impact on the U.S. economy. Between 2008 and 2021, the EB-5 program helped generate $37.4 billion in foreign direct investment to create and retain U.S. jobs for Americans at no cost to the taxpayer.
About Civitas Capital Group
Civitas Capital Group is a nimble alternative investment manager, founded in 2009, offering compelling, niche opportunities in U.S. real estate. Civitas exists to create opportunities that enrich our communities, investors, and employees alike. Driven by relentless creativity, Civitas digs deeper to uncover opportunities that others miss. Follow Civitas Capital Group on LinkedIn. Learn more at civitascapital.com.
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SOURCE Civitas Capital Group | https://www.kxii.com/prnewswire/2022/08/25/civitas-capital-group-eb-5-industry-leaders-uscis-agree-joint-settlement-two-lawsuits/ | 2022-08-25T23:35:33Z |
Man murders 4 family members with knife, including 5-year-old, sheriff says
CASA GRANDE, Ariz. (KTVK/KPHO/Gray News) – An Arizona man has been charged with murder after he fatally stabbed four family members, including his 5-year-old niece, officials say.
According to the Pinal County Sheriff’s Office, 21-year-old Richard Wilson Jr. was charged with four counts of first-degree murder. He is being held at the Pinal County Jail on a $2.5 million bond.
The victims were identified as Wilson’s father, 47-year-old Richard Wilson; his mother, 50-year-old Ellen Otterman; his sister, 16-year-old Rudy Wilson; and his niece, 5-year-old ReNaya White, who had just started kindergarten.
The sheriff’s office said the investigation began with a 911 call from the 16-year-old sister Sunday afternoon regarding a domestic dispute at the home in Casa Grande.
During the 911 call, the sister told dispatchers that Wilson Jr. had just beaten up their mother, father, and 5-year-old niece in the house. Dispatchers said the sister was “frantic” on the phone and that audible screaming could be heard repeatedly until the call was disconnected.
“Ultimately, that cost her her life making that 911 call, and when our people arrived, she was one of the four deceased,” Pinal County Chief Deputy Matthew Thomas said.
Officials said deputies got to the home about 12 minutes later. When they arrived, they found Wilson Jr. with blood on his clothes and injuries to his right hand.
Deputies said he told them, “I’m over here, take me to jail.” When deputies asked him if anyone was inside the home, he replied, “Go check.”
Deputies entered the home and discovered the four bodies, all of which appeared to have suffered fatal stab wounds to the neck.
Records show that this was the 10th time police were called to the home in the last three years. Two of those calls were mental health-related, and two others were welfare checks.
Wanda Hamilton, a neighbor, said she is in shock hearing about the murders.
“Disbelief, this doesn’t happen out here,” Hamilton said. “I can’t believe that, not him [Wilson Jr.]. I talked to that kid all the time.”
Hamilton said the family has lived at the home for about five years. She said Wilson Jr. lived with his grandparents a few houses down, but he visited his parent’s house daily to care for their horses.
Wilson Jr.’s father was a maintenance employee for the Casa Grande Elementary School District, and ReNaya had just started kindergarten at Desert Willow Elementary School. In a statement, Superintendent Adam Leckie said the tragedy is a huge loss for the district.
“It is with profound sadness that yesterday afternoon we were made aware of the tragic deaths of one of our Desert Willow students, ReNaya White, and maintenance employee Richard Wilson. This is an incredible loss to our CGESD family and will be a difficult time for all of us. Richard worked for CGESD for the last two years. He was well-liked by his co-workers and was known to be devoted to his family. ReNaya just started kindergarten at Desert Willow and was described as a happy, energetic, curious, loving girl. They will be missed greatly by all who knew them.”
The district has made extra counseling services available for students and staff.
Copyright 2022 KTVK/KPHO via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/09/07/man-murders-4-family-members-with-knife-including-5-year-old-sheriff-says/ | 2022-09-07T16:21:32Z |
Addressing the current and ongoing national crisis on U.S. roads, the report's executive summary offers 10 key conclusions for the next 20 years
WASHINGTON, June 29, 2022 /PRNewswire/ -- The National Safety Council released Wednesday the executive summary of its new research report, Mobility, Technology and Safety: The Next 20 Years. The full report, funded by Allstate (NYSE: ALL) and to be released July 26 via a webinar, explores the evolution of mobility and the implications of past actions on the future of safe mobility.
The United States is facing a national crisis. Roadway fatalities are at a 16-year high, with preliminary NSC data showing more than 46,000 people died on U.S. roads in 2021. NSC estimates 462 more may die in preventable crashes over the upcoming Independence Day Weekend alone. Vulnerable road users, those who are walking, biking or are otherwise outside a vehicle, are dying at faster rates. Communities of color and low-income communities also experience higher rates of fatalities and are over-represented in these data. To reverse these deadly trends, NSC seeks to leverage research, knowledge and passion for this topic to find new solutions and turn the tide on traffic violence.
Recognizing these needs, and with funding from Allstate, NSC commissioned this new report in 2021 from lead author David Zipper, a Visiting Fellow at the Harvard Kennedy School with a background in both technology and local government, and the author of more than 75 articles about cities, transportation and technology. This report examines the history of mobility safety and how it can help identify trends that will define mobility over the next two decades.
There will be dramatic changes on city streets and sidewalks in the coming decades. The executive summary of this report offers 10 key conclusions for the next 20 years:
- Motor vehicles will remain the top source of street deaths
- Widespread Advanced Driver Assistance Systems should be expected – but not autonomous vehicles
- Climate change will fundamentally alter urban transportation
- Denser neighborhoods will experience faster change in urban transportation technology
- Parcel delivery is poised for disruption
- Urban vehicles should be regulated by size and speed (rather than form factor) to encourage safety as well as innovation
- Street rules should not be made to promote or enable a particular technology
- Cities should be able to manage their streets and sidewalks
- Revisions to infrastructure and policy will be essential to enhance safety even in the best case of technological improvement
- Protection of Vulnerable Road Users will support equity goals
"Recent history indicates the potential value of such forward-looking analysis. Over the previous 20 years, waves of new technologies have disrupted urban transportation, from car share and ride hail to e-scooters and bike share," said Mark Chung, executive vice president of roadway practice at NSC. "Public officials, and many advocacy groups, were caught off guard by this unprecedented rate of technological change, and they were often unsure how to respond to the safety concerns that emerged. Preparing in advance for the next generation of transformative technology and taking time to reflect on our current environment can save lives."
"Allstate has been committed to making U.S. roadways safer for years, going all the way back to advocating for seat belt legislation in the 1960s. As personal transportation evolves, so do our products, services and advocacy," said Eric Brandt, executive vice president and chief claims officer at Allstate. "By sponsoring this report, we're once again imagining the future of mobility and assessing its safety implications so that we can best advocate for a safer transportation system."
The executive summary was unveiled at an event at the National Press Club this morning. Featured speakers included Congresswoman Eleanor Holmes Norton, Chair of the Subcommittee on Highways and Transit, representatives from NSC, David Zipper, author of the report, and partners including Director Kristina Swallow of the Nevada Department of Transportation and Michael Kelley of BikeWalkKC. View a recording of the event here.
As we prepare for what the future of technology might bring, we must address mobility's surge in roadway deaths. Congress took a crucial step toward reducing roadway deaths with the passage of the bipartisan infrastructure law, which boosted safety-oriented, community-focused spending through novel initiatives like Safe Streets and Roads for All. The Department of Transportation has also made critical progress, including issuing the groundbreaking National Roadway Safety Strategy, which for the first time committed the federal government to a goal of zero roadway deaths. The National Safety Council executive summary creates a fuller picture of safe mobility to augment these policies, and calls on Congress and DOT to do more to realize the report recommendations.
The report, Mobility, Technology and Safety: The Next 20 Years, is intended to supplement and add momentum to these ongoing federal efforts, providing much needed solutions for communities grappling with real safety problems.
Read the executive summary and learn more about NSC efforts to reduce traffic fatalities at nsc.org/futuremobility.
The National Safety Council is America's leading nonprofit safety advocate–and has been for more than 100 years. As a mission-based organization, we work to eliminate the leading causes of preventable death and injury, focusing our efforts on the workplace, roadway and impairment. We create a culture of safety to not only keep people safer at work, but also beyond the workplace so they can live their fullest lives.
The Allstate Corporation (NYSE: ALL) protects people from life's uncertainties with a wide array of protection for cars, homes, electronic devices and identity theft. Affordable products are available through a broad distribution network including Allstate agents, independent agents, major retailers, online and at the workplace. Allstate is widely known for the slogan "You're in Good Hands with Allstate." For more information, visit www.allstate.com.
Connect with NSC:
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SOURCE National Safety Council | https://www.kxii.com/prnewswire/2022/06/29/national-safety-council-release-new-report-mobility-technology-safety-next-20-years/ | 2022-06-29T21:29:08Z |
A dedicated immunizer will be available for patients 55 and up
WOONSOCKET, R.I., Aug. 29, 2022 /PRNewswire/ -- CVS Pharmacy® will host a series of Senior Days to give people over age 55 quick and easy access to the annual flu vaccine. The Senior Days, which will be held every Thursday throughout the month of September, will be held at 20 CVS® HealthHUB™ locations in the Tampa-area. During Senior Days, patients will be greeted by pharmacy staff, have access to educational information and receive their vaccination from a dedicated immunizer.
Getting an annual flu shot, along with other important vaccines, such as COVID-19, shingles and pneumonia, if eligible, is important for avoiding illness and protecting the overall health of the community, especially for seniors who are at greater risk of developing severe flu-related illnesses. The Centers for Disease Control and Prevention (CDC) is recommending that people over age 65 receive either the higher dose or adjuvanted flu vaccine, both of which help the body elicit a better immune response to the vaccine. CVS Pharmacy is offering both the high dose and adjuvanted flu vaccines this season and will have both types of vaccine available during the Senior Day events.
While patients can always schedule an immunization appointment ahead of time at CVS.com or via the CVS Pharmacy app, during Senior Days, patients over age 55 are able to simply walk-in and request a flu vaccination. The events, held every Thursday in September (September 1st, 8th, 15th, 22nd and 29th), will take place at the CVS Pharmacy stores listed below:
- 8001 9th Street N., St. Petersburg, FL 33702
- 110 Bullard Parkway, Temple Terrace, FL 33617
- 1000 East Tarpon Avenue, Tarpon Springs, FL 34689
- 2322 Land O Lakes Boulevard, Lutz, FL 33549
- 99 Magnolia Avenue, Auburndale, FL 33823
- 35010 S. Florida Avenue, Lakeland, FL 33813
- 704 W. Martin Luther King Jr. Boulevard, Seffner, FL 33584
- 8905 Bryan Dairy Road, Largo, FL 33777
- 3501 54th Avenue S., Saint Petersburg, FL 33711
- 5357 Ehrlich Road, Tampa, FL 33625
- 30387 US Highway 19 N., Clearwater, FL 33761
- 10925 SR 54, New Port Richey, FL 34655
- 4120 Henderson Boulevard, Tampa, FL 33629
- 611 S. Howard Avenue, Tampa, FL 33606
- 2175 Main Street, Dunedin, FL 34698
- 8801 W. Linebaugh Avenue, Tampa, FL 33626
- 4302 Cortez Road West, Bradenton, FL 34210
- 6206 Commerce Palms Drive, Tampa, FL 33647
- 5905 US Highway 301 S., Riverview, FL 33578
- 1929 Bruce B. Downs Boulevard, Wesley Chapel, FL 33544
The CDC recommends that individuals get their flu vaccination early in the fall, before flu season begins, and ideally no later than the end of October.
CVS Pharmacy, the retail division of CVS Health, is America's leading retail pharmacy with more than 9,000 locations, including over 1,700 pharmacies inside of Target and Schnucks grocery stores. We are committed to delivering innovative health solutions that create a simpler, more accessible experience for patients, customers and caregivers. CVS Pharmacy is the only national pharmacy to remove tobacco products from its shelves and has taken a leadership role in responding to the COVID-19 pandemic by making testing and vaccinations available at locations across the United States. For the latest product and service offerings, visit www.cvs.com or download the CVS Pharmacy app.
Media contacts
Shannon Dillon
346-291-7131
Shannon.Dillon@CVSHealth.com
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SOURCE CVS Health | https://www.kxii.com/prnewswire/2022/08/29/cvs-pharmacy-senior-days-provide-seniors-convenient-easy-access-flu-vaccines-tampa-area/ | 2022-08-29T11:26:57Z |
An Amtrak passenger train crashed into a dump truck and derailed in Mendon, Missouri last month. Four fatalities have been reported along with about 150 serious injuries. DiPasquale Moore is representing one of the injured.
KANSAS CITY, Mo., July 19, 2022 /PRNewswire/ -- On Monday, June 27th, 2022, an Amtrak passenger train collided with a dump truck in Mendon, Missouri, resulting in a fatal derailment. Four people have been reported dead from the crash, including the dump truck driver and three passengers. Approximately 150 people have been treated for moderate to severe injuries at area hospitals.
National Transportation Safety Board (NTSB) and Federal Railroad Administration (FRA) investigators are still at work to determine the cause of the crash. The collision happened at an uncontrolled crossing point with no warning lights, gates, or fences to prevent traffic from passing in front of an approaching train.
According to NTSB reports, Mendon locals have complained about the crossing for years. Reportedly, the crossing has a steep slope and low visibility in either direction, which makes it difficult for motorists to reliably determine if a train is approaching and how fast it is moving. With this information, it is possible that the dump truck driver came to a complete stop and made a reasonable assessment based on what could be seen at the crossing, but still crossed when it was unsafe. If so, then liability for the train accident and its consequences could fall on the FRA and any railroad companies that own or maintain that particular crossing.
Members of the law firm of DiPasquale Moore have expressed their condolences to the families and victims of the Mendon Amtrak derailment. Attorney Michael DiPasquale had this to say about the unfolding situation and to those affected by it, "My team is ready to help you investigate what happened, why it happened and to pursue justice on behalf of those who were injured or lost loved ones. This can be incredibly complex, but my team is committed to helping you to deal with the fallout, which often includes large medical expenses and funeral expenses."
DiPasquale Moore is currently representing one of the injured passengers and will help them determine liability and seek compensation. Other passengers who were injured in this train accident are encouraged to speak to a member of the firm about arranging legal representation.
For more information, interested parties should visit www.dmlawusa.com.
Contact:
Michael DiPasquale
816-888-7501
Michael.DiPasquale@dmlawusa.com
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SOURCE DiPasquale Moore | https://www.wibw.com/prnewswire/2022/07/19/amtrak-derailment-missouri-raises-questions-about-railroad-safety-investigation-continues/ | 2022-07-19T18:12:00Z |
Company recognized as an expert partner providing publishers with innovative solutions and services
BOULDER, Colo., June 9, 2022 /PRNewswire/ -- Sovrn, a publisher technology platform that empowers content creators to remain independent and thrive on the Open Web, today announced the company's recognition as a Google Certified Publishing Partner. The designation solidifies its Ad Management offering as a leading authority in supporting digital publishers with Google's suite of advertising tools.
The Certified Publishing Partner recognition designates the Ad Management team as trained specialists with proven expertise in Google's suite of products (Ad Manager, Ad Exchange, Open Bidding) and full site monetization, optimization and implementation services including ad operations, programmatic yield management, technical and strategic support, and more.
As part of the Certified Publishing Partner program qualification process, Sovrn was carefully vetted against rigorous standards to demonstrate that its dedicated advertising team provides consistently superior interactions and expert consulting services.
Sovrn Ad Management experts are focused on helping web publishers generate advertising revenue in the most efficient and cost-effective way. The company's proprietary header bidding technology reduces latency while delivering greater ad yield. Sovrn provides extensive access to 40-plus demand partners, ensuring publishers can be confident that the value of their inventory is maximized. And, while most other providers operate on a revenue sharing model, the low, fee-based model Sovrn utilizes is based on CPM rather than earnings, ensuring publishers keep more of their advertising revenue.
"At Sovrn, we are focused on delivering innovative technology, tools and services to help publishers understand, operate and grow," said Walter Knapp, Sovrn CEO. "This recognition from Google is a testament of how our advertising experts act as an extension of a publisher's team to help them meet their publishing and revenue goals."
Sovrn provides products and services to thousands of online publishers to help them understand, operate and grow their business. Sovrn is headquartered in Boulder, Colorado, with offices in New York, London and San Diego.
With thousands of customers deploying advertising, affiliate marketing, and data products across more than 60,000 websites, Sovrn reaches over 400 million active consumers generating 25 billion page views every day. Sovrn has been a leader in online publisher technology since its founding and has been recognized by IAB, JICWEBS, and TAG for its role in combating fraud and promoting pro-transparency initiatives. Sovrn is dedicated to helping content creators do more of what they love, and less of what they don't. www.sovrn.com
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SOURCE Sovrn Holdings, Inc. | https://www.wibw.com/prnewswire/2022/06/09/sovrn-confirmed-google-certified-publishing-partner/ | 2022-06-09T15:19:29Z |
Lyon County man missing for 2 years found safe Wednesday in Fredonia
FREDONIA, Kan. (WIBW) - A Lyon County man who was reported missing more than two years ago has been found safe in Fredonia.
KVOE Radio reports that the Kansas Bureau of Investigation had listed Randy Hacker, 62, as missing in early April 2020.
According to KVOE, Lyon County sheriff’s officials said Emporia police recently received a tip about Hacker’s whereabouts in Wilson County,
KVOE said Hacker was found early Wednesday afternoon at a state facility in Fredonia.
Additional details about Hacker’s disappearance and discovery on Wednesday weren’t immediately available.
KVOE reports that another Lyon County man remains on the KBI’s list of missing adults.
Jordan Lewis, 40, was reported missing on Dec. 28, 2001. Lewis is described as a white man with brown hair and blue eyes standing 6-foot-1 and weighing 200 pounds.
Anyone with information about Lewis’ whereabouts may call the KBI at 785-296-4017 or 800-KS-CRIME. Tips also can be submitted through www.kbi.ks.gov/missingpersons.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/12/lyon-county-man-missing-2-years-found-safe-wednesday-fredonia/ | 2022-05-12T14:29:12Z |
Published: Aug. 2, 2022 at 11:29 AM EDT|Updated: 25 minutes ago
IRVINE, Calif., Aug. 2, 2022 /PRNewswire/ -- Mazda North American Operations (MNAO) today reported total July sales of 23,393 vehicles, a decrease of 28.5 percent compared to July 2021. Year-to-date sales totaled 166,195 vehicles; a decrease of 25.1 percent compared to the same time last year. With 26 selling days in July, compared to 27 the year prior, the company posted a decrease of 25.8 percent on a Daily Selling Rate (DSR) basis.
CPO sales totaled 3,570 vehicles in July, a decrease of 47 percent compared to July 2021.
Sales Highlight
Best-ever July sales of CX-30 with 6,040 vehicles sold.
Mazda Motor de Mexico (MMdM) reported July sales of 4,290 vehicles, an increase of 8.6 percent compared to July last year. Year-to-date sales decreased 27.0 percent, with 20,711 vehicles sold.
Mazda North American Operations is headquartered in Irvine, California, and oversees the sales, marketing, parts, and customer service support of Mazda vehicles in the United States, Canada, and Mexico through approximately 780 dealers. Operations in Canada are managed by Mazda Canada Inc. in Richmond Hill, Ontario, and operations in Mexico are managed by Mazda Motor de Mexico in Mexico City. For more information on Mazda vehicles, including photography and B-roll, please visit the online Mazda media center at News.MazdaUSA.com.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/02/mazda-reports-july-sales-results/ | 2022-08-02T15:54:56Z |
SHANGHAI, Aug. 8, 2022 /PRNewswire/ -- China International Import Expo (CIIE),as a major platform for international procurement, investment promotion, cultural exchanges and open cooperation, has been held successfully for four consecutive years and is widely regarded as an international public good and the multinational trading system, as well as a pivotal carrier for building an open world economy and a community with a shared future for mankind.
Since its inception in 2018, the CIIE has been growing in scale and influence. The area of its business exhibition increased from 270,000 square meters in 2018 to 366,000 square meters in 2021. Exhibitors at the past four CIIEs launched more than 1,500 new products, technologies and services and clinched tentative deals worth over $270 billion.
As the CIIE enters its fifth year, more and more countries along the Belt and Road have begun to cast their sights on the Chinese market and export their products to China.
At the first CIIE, Ma Yuxia, a Chinese businesswoman based in South America, introduced alpaca plush toys to the Chinese market.
Ma and her Peruvian partners rented a small 9-square-meter booth to display and promote these toys and other traditional hand-made crafts in Peru. They also established their own brand called Warmpaca.
That outing to the expo proved to be incredibly fruitful. After participating in the CIIE for four consecutive years, Warmpaca can now be found in more than 20 malls in China.
To date, more than 80 percent of the planned business exhibition area for the fifth CIIE has been reserved. More than 260 Fortune Global 500 companies and industry leaders will attend the expo this year.
Many countries have confirmed their participation in the country exhibition, while a new World Openness Report and World Openness Index will be released at the Hongqiao International Economic Forum, a major part of the expo.
With so many showing their interest, space will be filling up fast. Be sure to sign up for the fifth edition before time runs out! Click here to register: https://www.ciie.org/exhibition/f/book/register?locale=en.
Contact: Nie Qingxin
Tel.: 0086-21-67008870/67008988
Photo - https://mma.prnewswire.com/media/1874175/China_International_Import_Expo.jpg
Logo - https://mma.prnewswire.com/media/1874174/ciie_square__Logo.jpg
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SOURCE CIIE | https://www.wibw.com/prnewswire/2022/08/08/fifth-china-international-import-expo-is-beneficial-countries-along-belt-road/ | 2022-08-08T13:50:27Z |
A local official in Las Vegas was arrested Wednesday in connection to the killing of a veteran journalist who had been reporting on the official's purported wrongdoing, his newspaper says.
Clark County Public Administrator Robert Telles -- the subject of investigative reports from the Las Vegas Review-Journal's Jeff German -- has been arrested, Clark County Sheriff Joe Lombardo told the Review-Journal, days after German was found stabbed to death outside his home.
Online Clark County Jail records show Telles is being held on suspicion of murder and has a court appearance scheduled for Thursday afternoon.
Telles has not been publicly identified by police as being connected to German's death. CNN has reached out to the Las Vegas Metro Police Department for additional comment.
On Wednesday, uniformed officers and police vehicles were seen outside of Telles' home, according to local media reports. Las Vegas police confirmed officers served search warrants in relation to German's death but did not immediately provide any additional information.
German had been working on a story about Telles the week he was killed, according to the Review-Journal. Earlier this year, Telles was the subject of articles that detailed his oversight of his office, and German reported that Telles created a hostile work environment and carried on an inappropriate relationship with a staffer. Telles denied the reports, the Review-Journal said.
First elected to the office in 2018, Telles lost his bid for re-election in a June Democratic primary.
CNN has reached out to Telles' office for comment and is working to determine his legal representation.
"The arrest of Robert Telles is at once an enormous relief and an outrage for the Review-Journal newsroom," Executive Editor Glenn Cook said in a statement Wednesday.
"We are relieved Telles is in custody and outraged that a colleague appears to have been killed for reporting on an elected official. Journalists can't do the important work our communities require if they are afraid a presentation of facts could lead to violent retribution," Cook said.
"We thank Las Vegas police for their urgency and hard work and for immediately recognizing the terrible significance of Jeff's killing. Now, hopefully, the Review-Journal, the German family and Jeff's many friends can begin the process of mourning and honoring a great man and a brave reporter. Godspeed, Jeff."
Police asked for public's help
German was discovered outside his home Saturday morning, yet police suspect the killing may have happened earlier.
Authorities had asked those in the area to review any outdoor surveillance cameras from Friday between 8 a.m. and 1 p.m. to possibly capture a better glimpse of an individual who may have been involved in the killing.
A possible suspect "was potentially casing the area to commit other crimes before the homicide occurred," according to Las Vegas police. Surveillance images of an individual wearing a bright orange shirt and wide-brimmed hat were released, as well as a photo of what appears to be a maroon GMC SUV.
Arthur Kane, a reporter for the Review-Journal and a colleague of German, told CNN's Erin Burnett Wednesday that coworkers viewing Google Maps noted a maroon SUV sitting in Telles' driveway, similar in appearance to the photo released by authorities.
"The police came down and roped off the area, started searching his house," Kane said. The SUV was registered to Telles' wife, Kane said, and the vehicle was transported away by investigators.
Police are expected to provide further updates to their investigation Thursday.
Stacker. ranked the 25 top-earning women's tennis players of all time, using data compiled by the WTA Tour. Earning totals are current as of Aug. 1, 2022. Click for more.
CNN's Amir Vera, Jamiel Lynch, Nick Watt, Chuck Johnston, Elizabeth Joseph, Hannah Sarisohn and Satyam Kaswala contributed to this report.
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accounts, the history behind an article. | https://www.albanyherald.com/news/a-las-vegas-public-official-has-been-arrested-in-connection-with-the-killing-of-an/article_1dfc49f8-a4aa-5abf-a1da-2f1546c662fa.html | 2022-09-08T07:27:58Z |
BRAZIL, Ind., July 29, 2022 /PRNewswire/ -- Advanced Drainage Systems, Inc. (ADS) (NYSE: WMS), a leading manufacturer of innovative stormwater solutions and the largest plastic recycler in North America, recently invited U.S. Congressman Larry Bucshon, M.D. (R-IN 8th District), to the company's Brazil manufacturing plant. Representative Bucshon met with leadership and employees, toured the plant and discussed infrastructure, recycling and jobs programs that impact the company's operations.
ADS had approximately $2.8 billion in net sales for its 2022 fiscal year and operates a network of approximately 70 manufacturing plants, including the ADS Brazil Plant, which opened in 1978. The plant now has 75 employees and the company is investing $2.5 million into the plant across its 2022 and 2023 fiscal years.
"I had a great visit today to ADS, where we discussed ADS' role in supporting infrastructure projects to rebuild and maintain Indiana's roads and highways," said Representative Bucshon. "I also appreciate their need for more recycled plastics which help them produce their plastic pipe products in the state. We know that improving our recycling infrastructure will be good for ADS, the economy, and Indiana's communities."
ADS recycles more than 600 million pounds of plastic from curbside recycling every year to construct high performance pipes and ancillary products, making them the largest plastics recycling company in North America. In fact, more than half of the plastic ADS purchased in 2021 was recycled, made possible by its pioneering plastic-blending program, company-owned and operated recycling facilities and unmatched engineering expertise. In 2020, ADS consumed 28% of all high-density polyethylene (HDPE) bottles in the entire country. HDPE is used to make plastic bottles for products such as laundry detergent, milk and shampoo.
"ADS understands that the use of recycled content is financially beneficial to us, and also the right thing to do for our environment, our customers and our communities," said Scott Barbour, ADS President and CEO. "ADS products are already in roads, railways and other infrastructure projects, and we look forward to working with Representative Bucshon as we protect the world's most precious resource, water, while improving the environment and economic lives of people in Indiana and across the country."
About the Company
Advanced Drainage Systems is a leading manufacturer of innovative stormwater and onsite septic wastewater solutions that manages the world's most precious resource: water. ADS provides superior drainage solutions for use in a wide variety of markets and applications including commercial, residential, infrastructure and agriculture. ADS delivers tremendous service to its customers with the industry's largest company-owned fleet, an expansive sales team, and a vast manufacturing network of approximately 70 manufacturing plants and 38 distribution centers. ADS is the largest plastic recycling company in North America, ensuring over half a billion pounds of plastic is kept out of landfills every year. Founded in 1966, ADS' water management solutions are designed to last for decades. To learn more, visit the Company's website at www.adspipe.com.
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SOURCE Advanced Drainage Systems, Inc. | https://www.wibw.com/prnewswire/2022/07/29/advanced-drainage-systems-hosts-congressman-bucshon-its-brazil-indiana-recycling-plant/ | 2022-07-29T14:58:31Z |
NEW YORK, June 8, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Lightwave Logic, Inc. ("Lightwave" or the "Company") (NASDAQ: LWLG). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Lightwave and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On June 2, 2022, Kerrisdale Capital published a report entitled "Lightwave Logic, Inc. (LWLG): A High-Frequency Failure" (the "Kerrisdale Report"). The Kerrisdale Report alleged, among other things, that "[u]nderneath [the Company's] façade of accomplishment . . . is almost nothing of substance" and that "Lightwave hasn't ever come close to commercializing anything: in the 15 years since it's gone public, it has generated a total of about $6 thousand in revenues, which stands in stark contrast to the steady stream of promotional announcements celebrating overhyped prototype completions, product tests, and patents over that time." Kerrisdale also asserted that "[t]he most damning detail . . . about Lightwave's commercialization efforts is that no one knows how to consistently produce its proprietary polymer" and that "[t]he implication is that even the mediocre devices Lightwave says it has built and tested are one-off productions that can't be replicated systematically." On this news, Lightwave's stock price fell sharply during intraday trading on June 2, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.kxii.com/prnewswire/2022/06/09/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-lightwave-logic-inc-lwlg/ | 2022-06-09T01:47:26Z |
BEIJING, July 1, 2022 /PRNewswire/ -- For Chinese people, the past decade has been epic and inspirational. The country, under the leadership of the Communist Party of China (CPC) with Xi Jinping at its core, has made great endeavors in boosting its economy, deepening reforms, improving the rights of its people and acting as a responsible power globally. July 1 marks the 101st anniversary of the founding of the ruling CPC. What role has the Party played in China's development? Why has it been able to lead China to such great success? And what are the advantages of China's governance model? The Global Times collected views from five foreign leading experts, scholars and former diplomats.
Jeffrey Sachs, director of the Center for Sustainable Development at Columbia University
No countries should completely follow any other country's models because the circumstances, the culture, the history are different in the different places. And China, as a huge civilization, an enormous economy, an enormous population, is of course following a system with Chinese characteristics. And this is a mixed economy with a significant state sector, a significant private sector, and a significant effort at industrial policy for innovation and continuing technological development. It's a very distinctive model. It is China's own. But I think it gives lots of indications for how other countries, especially those that are poor and trying to catch up rapidly, can make advances.
I've seen that China has changed since my first visit in 1981. This has been more than 40 years, and China's continuing progress is absolutely remarkable. China went from a country that was filled with poverty to a remarkably prosperous country. And I always so much have benefited from seeing this remarkable progress and also learning from how China succeeded because the lessons from China are very relevant for other regions of the world, such as Africa today which is still with great poverty, but also with tremendous potential based on the kinds of strategies that China used.
Ali el-Hefny, Egypt's former ambassador to China and former deputy foreign minister
If it wasn't for the CPC, China would have never achieved the remarkable economic development that you are witnessing. China is one of the oldest civilizations in the history of mankind, and it's very sophisticated. The society is a very rich society. So the idea of good government has been always there and the Chinese leaders and the CPC all work always in such a way that they improve good governance.
I always think that as long as you have your people at the center of your attention as the ruling party, as long as you have the citizens at the center of all those efforts, you are destined to succeed. You are destined to achieve your dream and to turn it into a reality.
The CPC was instrumental. It played an instrumental role in leading all this change: China has become the first power worldwide as far as trade is concerned. China has become the second most important economic power in modern times. China is by far more advanced in the field of scientific research compared to all the other developed nations. So it's a country that has laid successfully the foundation for a brighter future for the nation and for its people.
Ong Tee Keat, chairman of the Centre for New Inclusive Asia and former transport minister of Malaysian
From my personal observation, China's leaps and bounds in the past four decades are wedded to its people-centric governance. The ruling party, CPC, has been staying true to its founding role as the custodian of the people's wellbeing. It has the gumption to innovate its own formula of governance premised on the people's aspirations and the nation's priorities at different times. The CPC's bold decision to usher in the era of reform and opening-up is a case in point. Its pragmatic corrective nature keeps the party abreast with the changing times and challenges.
In the Chinese perspective, essence of democracy lies in the people's involvement in the policy formulation at various tiers of government, and not the multi-party election per se. Its mode of governance is more result-oriented.
Patrick Mackerras, Australian sinologist and Emeritus Professor at Griffith University
It is the CPC that has given leadership to the country and held it together, giving it stability that many other countries lack. I think that has been a major contributor to China's successes, in the economic, diplomatic, technological and other fields. Without that leadership, I very much doubt that China could have made such great achievements in the past century.
It is true that the CPC has always adhered to putting people first. For example, its record in eliminating absolute poverty is most certainly the best in the world. It has now eliminated absolute poverty. It is true that it depends to some extent on how one defines absolute poverty, but the government has made perfectly clear where the boundary for absolute poverty lies.
If one compares with African countries or a big and rising country like India, then it is clear that China's record is outstanding. And it's not only absolute poverty. There are many other benchmarks that define the human condition. These include literacy, food intakes, standards of health, maternity mortality and infant mortality rates and gender equity.
Peter Walker, speaker on China-US relations and author of the book Powerful, Different, Equal: Overcoming the Misconceptions and Differences between China and the US
In China, the party is made up especially at the most senior levels of very highly educated and experienced people, they make long-term decisions in terms of investment. So if you look at 2025, the investment in cutting-edge technologies, in terms of energy and microchips and renewables - all of those things - China has made 10-year, 20-year commitments, and you can't do that in a governance model where you have different parties coming in and changing direction.
And then China is also very good at executing policy. I spent a lot of time in my book with people who were involved in the 5-year planning process. And it's very thorough when that planning process is done, which is top down and bottoms up, syndicated at every industry and syndicated in every province, you have agreed to direction and goals and key performance indicators that everybody follows.
So, when China sets out to deliver strong economic growth or to make advances in science, it's because they set out to do it. They put the resources behind it to do it, and they delivered. I think China's progress over the last 10 years has been nothing short of amazing. I think it's likely to continue.
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SOURCE Global Times | https://www.mysuncoast.com/prnewswire/2022/07/01/global-times-voyage-success-cpcs-role-leading-chinas-way/ | 2022-07-01T10:16:41Z |
- Company also announces upcoming retirement of Todd Clossin -
WHEELING, W.Va., July 5, 2022 /PRNewswire/ -- Wesbanco, Inc. (Nasdaq:WSBC), a diversified, multi-state bank holding company, announced today the hiring of Jeffrey H. Jackson as Senior Executive Vice President and Chief Operating Officer of Wesbanco, Inc. and President and Chief Operating Officer of Wesbanco Bank, its banking subsidiary, effective August 15, 2022. The Board of Directors of Wesbanco formally elected him to those positions effective today.
Jeff Jackson comes to Wesbanco after a successful career at First Horizon Bank. He most recently served as Executive Vice President and Chief Operating Officer of Regional Banking based out of Memphis, TN; Regional President for the state of Florida; and Market President for Southeast Tennessee and Atlanta. Prior to his career in banking, he spent 15 years with IBM in a variety of positions.
Mr. Jackson, age 49, is a graduate of Auburn University and received a certificate of Corporate Strategy from Columbia University. He has been active in numerous community activities, throughout his career, including the Red Cross and the Urban League. He received the South Florida Boy Scouts Distinguished Citizens Award in 2020.
Mr. Jackson and his wife, Ronna-Renee, will reside in the Wheeling, West Virginia area. They are the parents of 2 children.
Mr. Clossin, age 60, also announced his anticipated retirement date of January 1, 2024. Mr. Clossin will retire from Wesbanco with approximately 10 years of service and a 40 year financial services career with 25 years as a bank president. As Senior Executive Vice President & Chief Operating Officer, Mr. Jackson will begin the transitional phase of a change in the executive management at Wesbanco. He will be working with Mr. Clossin, and it is anticipated, succeeding Mr. Clossin upon his retirement. When Mr. Jackson becomes President and CEO, he will enter into a new 3-year revolving term employment agreement. Mr. Clossin will remain as a member of the Board of Directors of Wesbanco, and the Executive Committee of the Board, upon his retirement.
Mr. Clossin commented, "I am excited to name such a talented executive to be my eventual successor. Jeff has demonstrated experience in building and leading teams and delivering results in a variety of markets throughout his career."
Mr. Jackson states, "I am looking forward to leading Wesbanco into the future and building upon its tradition of excellence. My family and I will be relocating to the Wheeling area and we are excited to start this new chapter in our lives. My past roles and experiences have prepared me well for this opportunity. Wesbanco is a growing institution with a great future."
About Wesbanco, Inc.
Founded in 1870, Wesbanco, Inc. (www.wesbanco.com) is a diversified and balanced financial services company that delivers large bank capabilities with a community bank feel. Our distinct long-term growth strategies are built upon unique sustainable advantages permitting us to span six states with meaningful market share. Built upon our 'Better Banking Pledge', our customer-centric service culture is focused on growing long-term relationships by pledging to serve all personal and business customer needs efficiently and effectively. Furthermore, our strong financial performance and employee focus has earned us recognition by Forbes as both one of America's Best Banks and Best Midsize Employers – the only midsize bank making the top ten of both rankings. In addition to a full range of online and mobile banking options and a full-suite of commercial products and services, Wesbanco provides trust, wealth management, securities brokerage, and private banking services through our century-old Trust and Investment Services department, with approximately $5.4 billion of assets under management (as of March 31, 2022). Wesbanco's banking subsidiary, Wesbanco Bank, Inc., operates 205 financial centers in the states of Indiana, Kentucky, Maryland, Ohio, Pennsylvania, and West Virginia. Additionally, Wesbanco operates an insurance agency, Wesbanco Insurance Services, Inc., and a full service broker/dealer, Wesbanco Securities, Inc.
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SOURCE Wesbanco, Inc. | https://www.kxii.com/prnewswire/2022/07/05/wesbanco-appoints-jeffrey-h-jackson-chief-operating-officer/ | 2022-07-05T14:45:03Z |
RADNOR, Pa., April 10, 2022 /PRNewswire/ -- The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) informs investors that a securities class action lawsuit has been filed against Astra Space, Inc. ("Astra") (NASDAQ: ASTR) f/k/a Holicity Inc. ("Holicity") (NASDAQ: HOL). The action charges Astra with violations of the federal securities laws, including omissions and fraudulent misrepresentations relating to the company's business, operations, and prospects. As a result of Astra's materially misleading statements to the public, Astra investors have suffered significant losses.
Kessler Topaz is one of the world's foremost advocates in protecting the public against corporate fraud and other wrongdoing. Our securities fraud litigators are regularly recognized as leaders in the field individually and our firm is both feared and respected among the defense bar and the insurance bar. We are proud to have recovered billions of dollars for our clients and the classes of shareholders we represent.
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CLICK HERE TO SUBMIT YOUR ASTRA LOSSES. YOU CAN ALSO CLICK ON THE FOLLOWING LINK OR COPY AND PASTE IN YOUR BROWSER: https://www.ktmc.com/astr-class-action-lawsuit?utm_source=PR&utm_medium=link&utm_campaign=tal&utm_content=astra
LEAD PLAINTIFF DEADLINE: APRIL 11, 2022
CLASS PERIOD: FEBRUARY 2, 2021 AND DECEMBER 29, 2021
CONTACT AN ATTORNEY TO DISCUSS YOUR RIGHTS:
James Maro, Esq. at (484) 270-1453 or via email at info@ktmc.com
ASTRA'S ALLEGED MISCONDUCT
Astra operates as an operational space launch company. On June 30, 2021, Astra and Holicity, a special purpose acquisition company, merged.
On February 2, 2021, Holicity filed a Form 8-K, which attached a press release dated February 2, 2021 entitled "Astra to become the first publicly traded space launch company on NASDAQ via merger with Holicity" which announced the merger with Astra. The February 2, 2021 8-K also attached an investor presentation which included slides touting Astra's ability to "[l]aunch anywhere in the world in 24 hours", its timeline, and its potential market.
The truth emerged on December 29, 2021, when market researcher Kerrisdale Capital released a report entitled "Astra Space, Inc (ASTR): Headed for Dis-Astra" (the Kerrisdale Report"), which alleged myriad issues with Astra. Specifically, the Kerrisdale Report stated that "[m]anagement habitually describes Astra as having the flexibility to launch from 'anywhere in the world,' which is simply not true" reasoning that "[in] the US, Astra can only launch from an FAA-licensed commercial spaceport approved for vertical launch. There are only 5 such sites (plus SpaceX's private Boca Chica spaceport) located in the U.S." The Kerrisdale Report also stated that Astra's "main competitors will soon be launching larger 1,000kg+ payload rockets while Astra has yet to overcome developmental hurdles necessary to successfully launch even a single satellite into any of the emerging broadband mega-constellations." Further, the Kerrisdale Report stated that "[c]onversations with an individual familiar with Astra's rocket design and manufacturing suggest investors may have to endure an uncomfortably high rate of failure as the company ramps to a targeted monthly launch cadence in 2022." Finally, the Kerrisdale Report stated that "[w]hile others in the industry like Rocket Lab are developing well-suited, best-in-class technology, enabling a variety of TAM-expanding missions, Astra is settling for suboptimal acquired technology with only niche applications."
Following this news, Astra's share price fell $1.10 per share, or approximately 14%, to close at $6.61 per share on December 29, 2021.
WHAT CAN I DO?
Astra investors may, no later than April 11, 2022 seek to be appointed as a lead plaintiff representative of the class through Kessler Topaz Meltzer & Check, LLP or other counsel, or may choose to do nothing and remain an absent class member Kessler Topaz Meltzer & Check, LLP encourages Astra investors who have suffered significant losses to contact the firm directly to acquire more information.
CLICK HERE TO SIGN UP FOR THE CASE
WHO CAN BE A LEAD PLAINTIFF?
A lead plaintiff is a representative party who acts on behalf of all class members in directing the litigation. The lead plaintiff is usually the investor or small group of investors who have the largest financial interest and who are also adequate and typical of the proposed class of investors. The lead plaintiff selects counsel to represent the lead plaintiff and the class and these attorneys, if approved by the court, are lead or class counsel. Your ability to share in any recovery is not affected by the decision of whether or not to serve as a lead plaintiff.
ABOUT KESSLER TOPAZ MELTZER & CHECK, LLP
Kessler Topaz Meltzer & Check, LLP prosecutes class actions in state and federal courts throughout the country and around the world. The firm has developed a global reputation for excellence and has recovered billions of dollars for victims of fraud and other corporate misconduct. All of our work is driven by a common goal: to protect investors, consumers, employees and others from fraud, abuse, misconduct and negligence by businesses and fiduciaries. The complaint in this action was not filed by Kessler Topaz Meltzer & Check, LLP. For more information about Kessler Topaz Meltzer & Check, LLP please visit www.ktmc.com.
CONTACT:
Kessler Topaz Meltzer & Check, LLP
James Maro, Jr., Esq.
280 King of Prussia Road
Radnor, PA 19087
(484) 270-1453
info@ktmc.com
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SOURCE Kessler Topaz Meltzer & Check, LLP | https://www.wibw.com/prnewswire/2022/04/11/final-deadline-kessler-topaz-meltzer-amp-check-llp-reminds-investors-lead-plaintiff-deadline-securities-fraud-class-action-lawsuit-filed-against-astra-space-inc-fka-holicity-inc-astr/ | 2022-04-11T01:40:37Z |
American Express Membership Experience Expands to Meet the Broader Financial Needs of its Members
VALLEY FORGE, Pa. and NEW YORK, April 12, 2022 /PRNewswire/ -- Vanguard and American Express today announced a new Vanguard financial advice service to be offered exclusively to eligible American Express U.S. Consumer Card Members.1 INVEST for Amex by Vanguard features Vanguard's digital financial planning and investment management expertise coupled with American Express' differentiated rewards. The service will also include access to Vanguard financial advisors.
Vanguard consistently looks for ways to reduce cost and complexity for investors and strongly believes that advice can help clients achieve better financial outcomes. With access to Vanguard's time-tested financial planning and investment expertise, the service supports American Express' commitment to expand and innovate the Membership experience with unique and high-quality rewards for its Card Members.
"Advice is a powerful accelerant for investment success, providing coaching and guidance to help investors avoid financial pitfalls, build wealth, and fulfill their long-term goals," said Tim Buckley, Vanguard Chairman and CEO. "As Vanguard seeks to make our advice more accessible, we are excited to team up with the distinguished brand of American Express to deliver on our mission to give investors the best chance for investment success."
"Our collaboration with Vanguard demonstrates the power of partnership as we come together to deliver access to a transparent and trusted service to help our Card Members reach their financial goals," said Stephen J. Squeri, American Express Chairman and CEO. "American Express continually innovates to provide differentiated value and services to our customers and INVEST extends our reach beyond their everyday needs helping them plan for the future."
INVEST for Amex by Vanguard will feature Vanguard's financial planning and advice methodology, along with:
- An intuitive and dynamic digital experience paired with the guidance of a Vanguard financial advisor. INVEST clients can schedule one planning phone consultation within their first year of enrollment. INVEST clients with at least $100,000 in advised assets will have unlimited access to Vanguard advisor consultations.
- Personalized, goals-based financial plans and sophisticated portfolio management. Vanguard's service will create a customized investment strategy based on INVEST clients' unique circumstances and goals, and provides ongoing management of portfolios constructed with low-cost, diversified Vanguard ETFs.
- Comprehensive features coupled with extra rewards. Clients with at least $50,000 in taxable assets managed by INVEST2 will be eligible to earn rewards annually. INVEST clients with an American Express® High Yield Savings Account will also be eligible to receive a cash bonus in their Savings Account.3
Vanguard has provided financial planning and wealth management services directly to clients for more than a quarter of a century. Including the addition of INVEST for Amex by Vanguard, Vanguard offers a spectrum of advice services to help investors achieve better financial outcomes. Vanguard Personal Advisor Services, the firm's industry-leading hybrid advice service,4 launched in 2015 and combines sophisticated and customized portfolio management, extensive financial planning capabilities, and the behavioral coaching of a financial advisor. In 2020, the firm introduced Vanguard Digital Advisor to deliver personalized, convenient, and affordable advice in an all-digital format.
INVEST for Amex by Vanguard will feature an investment minimum of $10,000 and an annual gross advisory fee of 0.50%,5 with advisory fees waived for the first 90 days for first-time enrollees.
The service is available in beta today and will continue to evolve with new features in the coming months. Terms and limitations apply. More information about INVEST for Amex by Vanguard can be found here.
Advice services are provided by Vanguard Advisers, Inc. ("VAI"), a registered investment advisor. VAI is a subsidiary of The Vanguard Group, Inc.
American Express ("Amex") is a non-client promoter of INVEST. Amex is not affiliated with VAI. Amex receives a portion of Vanguard's advisory fee for those clients who invest. Visit INVEST Benefits Terms to learn more about the relationship between American Express and Vanguard.
About Vanguard
Founded in 1975, Vanguard is one of the world's leading investment management companies. The firm offers investments, advice, and retirement services to individual investors, institutions, and financial professionals. Based in Valley Forge, Pennsylvania, Vanguard has offices worldwide and managed $8.0 trillion on behalf of 30 million clients as of February 28, 2022. Vanguard operates under a unique, investor-owned structure where Vanguard fund shareholders own the funds, which in turn own Vanguard. As such, Vanguard adheres to a simple purpose: To take a stand for all investors, to treat them fairly, and to give them the best chance for investment success. For more information, visit vanguard.com.
About American Express
American Express is a global services company, providing customers with access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us on facebook.com/americanexpress, foursquare.com/americanexpress, linkedin.com/company/american-express, twitter.com/americanexpress and youtube.com/americanexpress.
For more information about Vanguard funds, visit vanguard.com to obtain a prospectus or, if available, a summary prospectus. Investment objectives, risks, charges, expenses, and other important information about a fund are contained in the prospectus; read and consider it carefully before investing.
All investing is subject to risk, including the possible loss of the money you invest. Diversification does not ensure a profit or protect against a loss.
Vanguard ETF Shares are not redeemable with the issuing Fund other than in very large aggregations worth millions of dollars. Instead, investors must buy and sell Vanguard ETF Shares in the secondary market and hold those shares in a brokerage account. In doing so, the investor may pay more than net asset value when buying and receive less than net asset value when selling. VAI typically will invests client assets in a portfolio of Vanguard ETFs®, all of which are commission-free through Vanguard brokerage accounts.
VAI is a subsidiary of VGI and an affiliate of VMC. Neither VAI nor its affiliates guarantee profits or protection from losses.
Vanguard Marketing Corporation, Distributor.
1 INVEST is limited to basic American Express Card Members with a Consumer Card issued by American Express National Bank who have a permanent residence in the 50 United States, the District of Columbia, and the US Virgin Islands or have an APO/FPO/DPO mailing address and who are not a control person. Additional Card Members are not eligible to enroll in INVEST. Enrollment in INVEST requires you to have an eligible Vanguard brokerage account(s) and a total balance of $10,000 to be managed by INVEST. Terms apply.
2 Taxable assets include assets in Vanguard brokerage accounts enrolled in INVEST and held individually or jointly (i.e. joint tenants with rights of survivorship (JTWROS)), but do not include assets in traditional or Roth individual retirement accounts. Terms apply.
3 American Express High Yield Savings account holders will be eligible to receive an annual cash bonus based on the average daily balance in their Savings account over the 12 months prior to their INVEST anniversary - that's $15 for every $10,000 in an American Express Savings account, up to $75 annually. Limit one bonus per American Express Savings account. American Express High Yield Savings Accounts are offered by American Express National Bank, Member FDIC. Terms apply.
4 Vanguard Personal Advisor Services advises $268 billion as of March 31, 2022. Per Morningstar's 2022 Robo Advisor Landscape, which assesses Vanguard Personal Advisor Services and Digital Advisor.
5 This gross advisory fee is reduced by a credit of the actual revenue that Vanguard, or its affiliates, retains from certain assets in brokerage accounts enrolled in INVEST, resulting in a net advisory fee. Terms apply.
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SOURCE Vanguard | https://www.mysuncoast.com/prnewswire/2022/04/12/vanguard-introduces-new-financial-advice-service-american-express-us-consumer-card-members/ | 2022-04-12T14:51:56Z |
The Automatic Bread Maker (SD-R2550) eliminates the guesswork of making baked goods from scratch with customizable Dough Kneading and Fermentation Modes, and 20 pre-set programs
NEWARK, N.J., Aug. 16, 2022 /PRNewswire/ -- Today, Panasonic announced the release of the Automatic Bread Maker (SD-R2550), an innovative home appliance for baking a variety of baked goods from the comfort of your home, including breads, doughs, sweets, a variety of gluten-free options, and more. The Automatic Bread Maker comes equipped with innovative Panasonic technology, customizable manual settings, and 20 pre-set programs for making easy and delicious baked goods at home.
Baked Goods Made Easily and Efficiently
The Automatic Bread Maker features a variety of innovative features for perfectly baked bread. New manual setting modes (Dough Kneading Mode and Fermentation Mode) replicate the kneading techniques of an artisan baker and can be customized to the recipe for the ideal kneading and fermentation times. A Double Temperature Sensor automatically measures the room temperature and internal temperature and adjusts how much time the dough needs to rise and rest in order to achieve a perfectly risen loaf of a bread. A Unique Kneading Blade works with the specially placed ribs in the bread pan to deliver the best-tasting bread with the ideal texture and a Raisin & Nut Dispenser automatically funnels raisins, nuts, or seeds into the pan at the best timing for even distribution.
For the ideal loaf every time, users can select from three loaf sizes (medium, large, x-large) and three crust shades (light, medium, dark) to achieve a desired size and color combination. The Automatic Bread Maker comes equipped with a non-stick, ribbed bread pan that can hold and stretch dough without it sticking to the pan, a measuring cup/spoon, a sourdough cup/starter spoon, and a quick start guidebook that contains a variety of mouth-watering recipes and the operating instructions.
Satisfy Cravings and Dietary Needs with a Variety of Pre-Set Programs
With 20 pre-set programs, the Automatic Bread Maker offers users the option to easily bake a variety of breads, doughs and sweets, ranging from French bread, brioche, sourdough and even jam. For those who follow a gluten-free diet, the Automatic Bread Maker comes equipped with four pre-set programs specifically designed to bake gluten-free bread, cake, pizza dough and pasta dough.
The Panasonic Automatic Bread Maker (SD-R2550) will be available on Amazon for $299.99 in August 2022.
About Panasonic Corporation of North America
Newark, NJ-based Panasonic Corporation of North America is a leading provider of Consumer Lifestyle technologies, as well as innovative Smart Mobility, Sustainable Energy, Immersive Experiences, and Integrated Supply Chain solutions. The company is the principal North American subsidiary of Osaka, Japan-based Panasonic Holdings Corporation. One of Interbrand's Top 100 Best Global Brands of 2021, Panasonic is a leading technology partner and integrator to businesses, government agencies and consumers across the region. Learn more about Panasonic's ideas and innovations at na.panasonic.com/us
Panasonic North America Social Handles:
Instagram: https://www.instagram.com/panasonic
Twitter: https://twitter.com/PanasonicNA
Facebook: https://www.facebook.com/Panasonic
LinkedIn: https://www.linkedin.com/company/panasonic-northamerica
YouTube: https://www.youtube.com/panasonicusa
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SOURCE Panasonic Corporation of North America | https://www.kxii.com/prnewswire/2022/08/16/panasonic-launches-automatic-bread-maker-easy-efficient-classic-or-gluten-free-baked-goods-home/ | 2022-08-16T15:43:19Z |
SWITCH/MTN is designed for active adventurers who want a fast, fun and versatile way to explore the backcountry and enjoy every ride.
MILWAUKEE, June 17, 2022 /PRNewswire/ -- Today Serial 1 launched SWITCH/MTN, a hardtail eMTB that is ready for any off-road adventure. All new from the ground up and designed with the same engineering rigor and extreme attention to detail that Serial 1 is known for, the SWITCH/MTN is designed for active adventurers who want a fast, fun and versatile way to explore the backcountry. Extremely off-road capable, SWITCH/MTN has the performance to satisfy an expert rider, but careful attention to fit and fine details ensure that our latest eMTB is just as accessible and accommodating for riders who are just beginning their off-road adventure too.
"The vast majority of our world is unpaved," said Aaron Frank, Brand Director at Serial 1. "Fire roads, Jeep trails, singletrack paths, terrain parks, ski hills, state forests—there are so many great destinations to explore on two wheels and SWITCH/MTN, with its powerful motor, large-capacity battery, fully adjustable front suspension, and wide-ratio 1x12 drivetrain, has the all the performance and capability to take you anywhere you want to go."
Built around the same basic architecture as Serial 1's acclaimed /CTY bikes and using the same mid-mounted Brose S Mag motor and proprietary, super-compact battery system to optimize mass centralization and ensure optimal handling, the SWITCH/MTN is elevated with off-road specific geometry and a host of trail-worthy technology to create an exceptionally competent off-road machine. SR Suntour's premier ZERON35 BOOST AIR fully adjustable suspension fork absorbs big hits and small stutters with equal ability, while grippy, high-volume Michelin E-Wild knobby tires deliver excellent traction and a TranzX dropper seat post lets the SWITCH/MTN rider incrementally adjust the riding position instantly for equal measures of comfort and confidence in all riding conditions.
Drivetrain components come from SRAM's SX Eagle line-up, including a 1x12 gearing combination controlled with eBike-specific single-click trigger shifters to provide the perfect gearing for any terrain, on-demand. Braking is equally up-spec, with TRP Slate T4 hydraulic disc brakes likewise built specifically for eMTB use. Powerful, four-piston calipers clamp down on oversized rotors that measure 203mm in diameter and 2.3mm in thickness for fade-free performance even on very long and very fast descents.
All this trail-ready technology is great, but what really sets SWITCH/MTN apart in the eMTB space is value-added comfort and convenience features that are unexpected in the category. Fully integrated LED lighting—including our proprietary BAF (Bright As F***) headlamp and high-viz RAT (Rearward Awareness Technology) combination tail and brake lights—elevate both safety and functionality. Plus, like all 2022 Serial 1 eBikes, the SWITCH/MTN offers cloud-enabled connectivity via the Serial 1 App, developed in partnership with Google Cloud, to capture essential ride data, improve security and safety, and make it easier than ever before to enjoy every trail.
For downloadable images of the SWITCH/MTN, please visit https://serial1.com/press-kit/.
Serial 1 offers premium eBicycles that are guided by intelligent, human-centered design and crafted using the most advanced bicycle technology available, to create the easiest and most intuitive way to experience the fun, freedom, and instant adventure of riding a pedal-assist electric bicycle. Find out more by visiting www.serial1.com.
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SOURCE Serial 1 | https://www.wibw.com/prnewswire/2022/06/17/serial-1-powered-by-harley-davidson-launches-switchmtn-its-latest-entry-electric-mountain-bike-category/ | 2022-06-17T14:54:20Z |
Contestants to compete for $25,000 grand prize in national championship cook-off in Napa Valley this October
ST. HELENA, Calif., June 3, 2022 /PRNewswire/ -- Sutter Home Family Vineyards is calling all burger enthusiasts for its 32nd annual Build a Better Burger National Recipe Contest® – the nation's longest-running burger contest – for a chance to win the $25,000 grand prize. Sutter Home invites home cooks and grill masters alike to enter their winning burger recipes and wine pairings now through July 25, 2022. Semifinalists will face off at one of five regional tailgate party cook-offs prior to MLB games taking place in August and September. Finalists will compete at a live cook-off in Napa Valley on October 7 at the historic Sutter Home Inn in St. Helena, California. Only one winner will come home with the enviable $25,000 grand prize that drives thousands of recipe entries throughout the year. Contestants are encouraged to peruse the more than 9,000-recipe Burger Base for inspiration and enter their winning recipes at buildabetterburgercontest.com.
As the 32nd annual contest kicks off, Sutter Home congratulates the 31st annual Build a Better Burger grand prize winner Brooke Lewis-Slamkova of Winder, Georgia for her inventive Luscious Peach & Pork Burger, paired with Sutter Home Sauvignon Blanc. Upon her crowning, Lewis-Slamkova exclaimed, "I'm overwhelmed with how excited I am. My students are going to be so proud of me and that makes me super happy." Lewis-Slamkova set out to craft a burger that highlighted the three most deliciously famous crops in her region: peaches, pork and Vidalia onions – all artfully incorporated to create an award-winning burger. When asked what elevated her burger, Lewis-Slamkova responded, "The pork! I always like to highlight our family and friends who are local farmers. We all look out for each other." The 31st annual contest finalists turned up the heat as well with their mouth-watering burger recipes ranging from a French onion soup burger developed by Melissa Bennett to a white barbecue sauced burger crafted by Michaela Rosenthal.
"We at Sutter Home are ecstatic to welcome the 32nd year of this competition which inspires passion, creativity and a shared love of Sutter Home Family Vineyards," said Jennifer Hohman, director of marketing for Sutter Home. "Sutter Home was founded nearly 75 years ago and has grown to what it is today by honoring valuable traditions that fuel meaningful connections among family and friends like our Build a Better Burger Recipe Contest."
Like Sutter Home Family Vineyards, Build a Better Burger is an American tradition and the embodiment of the American dream. To learn more about the contest and access past recipes along with wine pairing suggestions, visit www.sutterhome.com.
About Sutter Home
When the Trinchero family bought the Sutter Home Winery in 1948, they had vision, passion and a keen insight into consumer tastes. In the early 1970s, Sutter Home revolutionized the way Americans enjoyed wine when it created the first-ever White Zinfandel, introducing a new, sweeter style of wine—along with several other crowd-pleasing varietals—at an affordable price. By the 1980s and 1990s, Sutter Home became a household name as the second largest independent, family-owned winery in the United States. In 2005, the winery was the first to produce the groundbreaking single-serve, 187mL package in lightweight plastic bottles. Today, Sutter Home continues to reflect the evolution of its consumers, offering 24 different varietals in 750mL, 187mL and 1.5L bottles, plus 500mL Tetra Pak® packages. For more information visit www.SutterHome.com.
Social Media
Facebook: @SutterHome
Instagram: @SutterHomeWines
Pinterest: @SutterHome
Twitter: @SutterHome
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SOURCE Sutter Home Family Vineyards | https://www.wibw.com/prnewswire/2022/06/03/bring-out-your-barbecues-sutter-homes-32nd-annual-build-better-burger-recipe-contest/ | 2022-06-03T18:25:31Z |
PORTLAND, Ore. (AP) — Oregon’s public defender system has shown cracks for years, but a post-pandemic glut of delayed cases has exposed shocking constitutional landmines impacting defendants and crime victims alike in a state with a national reputation for progressive social justice.
An acute shortage of public defenders means that at any given time at least several hundred low-income criminal defendants don’t have legal representation, sometimes in serious felony cases that could put them away for years. Judges have dismissed nearly four dozen cases in the Portland area alone — among them a domestic violence case with allegations of strangulation as well as other major felonies — and have threatened to hold the state public defenders office in contempt of court for failing to provide attorneys.
Oregon sends out a weekly list of unrepresented defendants to private attorneys begging for help. Some of the accused have been jailed without a lawyer for months on charges of rape, sodomy, child sexual abuse or attempted murder, records show. Meanwhile, court proceedings for those not in custody are repeatedly pushed back, leaving defendants in limbo and the courts spinning their wheels.
“We’re overwhelmed. The pandemic is exposing all the problems that we have, the under-resourcing and the underfunding, and it just hit a breaking point,” said Carl Macpherson, executive director of Metropolitan Public Defender, a large nonprofit public defender firm in Portland that temporarily stopped taking new cases when its attorneys couldn’t keep up.
“It just became abundantly clear that we are broken. You cannot do your job when you have 130 open felony cases per attorney,” Macpherson said.
Public defenders warned that the system was on the brink of collapse before the pandemic. In 2019, some attorneys even picketed outside the state Capitol for higher pay and reduced caseloads. But lawmakers didn’t act and months later, COVID-19 shut down the courts. Now, the system is “buckling before our eyes,” said Kelly Simon, legal director for the Oregon American Civil Liberties Union, which is closely watching the situation and hasn’t ruled out litigation.
Macpherson estimates there are now about 500 defendants going without public defenders statewide and that’s likely a significant undercount, because many are initially arraigned and then have their case deferred up to 60 days with plans to appoint permanent counsel later.
“If you do not have a lawyer, then your constitutional rights are being violated from the very beginning,” he said. “But if there’s no attorney to appoint, what do you expect them to do?”
The crisis in Oregon, while extreme, reflects a nationwide reckoning on indigent defense, as courts seek to absorb a pandemic backlog of criminal cases with public defender systems that have long been underfunded and understaffed. From New England to New Mexico to Wisconsin, states are struggling to keep public defender services running amid an onslaught of cases and attorney departures.
After a lawsuit from the ACLU, lawmakers in Maine this month earmarked nearly $1 million to hire that state’s first five public defenders, with a focus on rural counties where the system is overwhelmed. Maine until now has relied entirely on contracts with private attorneys, and many remote areas don’t have enough qualified lawyers for the work.
In New Mexico, a recent report found the state was short 600 full-time public defenders. State lawmakers in New Hampshire approved more than $2 million in March to raise public defenders’ salaries in a state where about 800 defendants were without attorneys. Three dozen public defenders resigned in the 2021 fiscal year due to low pay and high caseloads, the state Judicial Council said.
And in Wisconsin, where starting pay for public defenders is $27 an hour, there’s a shortage of 60 attorney positions statewide while one-third of the private attorneys who contract out for cases have quit the system, according to authorities there.
“This is America’s dirty little secret: Thousands of people in courtrooms all across the country go to jail every single day without having talked to a lawyer,” said Jon Mosher, deputy director of the Sixth Amendment Center, which studies state public defender systems, including Oregon’s, and advocates for reforms.
“We see it all over the place. It happens in upstate New York, it happens in Mississippi. It’s everywhere.”
In Oregon, a report by the American Bar Association released in January found the state has 31% of the public defenders it needs. Every existing attorney would have to work more than 26 hours a day during the work week to cover the caseload, the authors said.
The situation is more complicated than in other states because Oregon’s public defender system is the only one in the nation that relies entirely on contractors, Mosher said. Cases are doled out to either large nonprofit defense firms, smaller cooperating groups of private defense attorneys that contract for cases or independent attorneys who can take cases at will.
Now, some of those large nonprofit firms are periodically refusing to take new cases because of the overload. Private attorneys — they normally serve as a relief valve where there are conflicts of interest — are increasingly also rejecting new clients because of the workload, poor pay rates and late payments from the state.
For victims, the situation is devastating and it’s hurting the most vulnerable the hardest.
Cassie Trahan, co-founder and executive director of an Oregon nonprofit that works with teen and young adult victims of sex trafficking, said trust in the judicial system is fading amid minority and immigrant communities and the young people with whom she works. Victims no longer want to come forward when they see cases being dismissed or ending in weak plea bargains to reduce pressure on the courts.
One such young woman who is a victim in a pending trafficking case “lives in constant fear that it’s going to be dismissed,” Trahan said.
Prosecutors can get an indictment from a grand jury when cases are dismissed for lack of a public defender and police will re-arrest the alleged perpetrator, but that’s small consolation to victims.
“In her mind, it’s like, ‘Now I’ve outed myself, now I’ve talked against him and what’s going to happen if he gets off?’” Trahan said of the victim. “That’s what we’re seeing more of, especially in communities of color and groups that don’t trust the judicial system anyway.”
Other victims’ advocates say that even when cases aren’t dismissed, they are taking much longer because hearings are constantly pushed back and trials delayed. Victims can’t move on because “you need to keep your testimony fresh … and there’s so much emotional preparedness that comes with that,” said Jessica Mindlin, director of the Oregon office of the Victim Rights Law Center, which provides free legal help to rape and sexual assault survivors.
Amid the crisis, the state Legislature passed $12.8 million in one-time funding for the state to hire 36 new public defenders in the four hardest-hit counties, as well as a suite of legislation to reform the state’s public defender agency. New contracts to be finalized in July will institute lower attorney case caps and lawmakers are withholding $100 million from the agency’s budget until it shows good faith on numerous reforms, including a restructuring, financial audits and performance metrics.
A working group of all three branches of state government will convene this month to begin tackling deeper reforms.
“It’s horrifying. I don’t I don’t want to mince words about this. I am not going to make excuses for this. It’s awful. I think it’s unconstitutional and I think it’s incredibly problematic,” said state Sen. Elizabeth Steiner Hayward, who co-chairs the state Legislature’s Ways and Means committee. ”That being said, we can’t manufacture attorneys out of thin air.”
Autumn Shreve, government relations manager for the state’s Office of Public Defense Services, said the pandemic finally forced the hand of state lawmakers who haven’t taken a close look at public defenders in nearly 20 years.
“It’s been a rag-tag group of people trying to cover the caseloads year to year and because of that there’s been a lot of past papering over of problems, of just keeping the ship floating and not really being thoughtful about how the money is being spent,” she said.
“We’re working really hard,” she said. “We very much appreciate the attention and the help that all the branches of government want to provide, because we haven’t always gotten that.”
Meanwhile, the situation in the state’s courtrooms and jails is dire. Often those going without attorneys are charged with heinous crimes that come with hefty prison sentences if convicted, making it even harder to find public defenders qualified to handle such complex cases in an overtaxed system.
And those who handle misdemeanor charges are often young attorneys carrying 100 cases or more at a time — and they also spend hours helping clients access mental health or drug treatment services and keeping their family informed.
“You can’t keep everything in your head when you have that many clients at the same time. Even things like, you know, ‘What’s your current plea offer?’ I can’t remember that for 100 people. Or I can’t remember, ‘What exactly does the police report say?’ said Drew Flood, a public defender with just eight months on the job at Metropolitan Public Defender.
“This is the scariest thing they have going on in their life,” he said. “It’s hard when those people, you can tell, don’t think you’re giving their case the time and attention it deserves — and I feel that way too, sometimes.”
Other public defender services funded by the state, including private investigators and legal advisors, have also reached a breaking point.
Renardo Mitchell, who is jailed on attempted murder charges, said he chose to represent himself after he didn’t hear from his public defender for five months. But his state-provided legal adviser — an attorney assigned by the court to help self-representing defendants hire expert witnesses and file motions — died unexpectedly in February and he’s been without legal counsel since then.
Two years after his arrest, he still hasn’t seen all the discovery in his case, said Mitchell, 37.
“We’re all innocent until proven guilty. Nothing has been proven yet — I haven’t been found guilty,” said Mitchell, who faces more than 22 years in prison if convicted on all charges. “Even if I did those things that they allege, I still have a right to due process of law. Period.”
In a surprising twist, the chief prosecutor in Portland has become an outspoken advocate of public defender reform for that very reason.
Multnomah County District Attorney Michael Schmidt recently penned an editorial in The Oregonian/OregonLive saying a lack of public defenders is hurting public safety, taxing an already overworked police force and re-traumatizing victims.
“The most important thing is everybody has a right to an attorney, it’s a constitutional right. There’s a reason why we don’t want to win every single case that we bring. That’s what protects everybody, that protects me and that protects you because the government unchecked has a lot of power,” Schmidt told The Associated Press in a phone interview.
“It’s an ecosystem, like a coral reef. If you take away one aspect of this system, then all the other aspects fall apart,” Schmidt said. “I can’t do my job without everyone else doing theirs.”
____
Associated Press writers David Sharp in Portland, Maine; Todd Richmond in Madison, Wisconsin; and Kathy McCormack in Concord, New Hampshire, contributed to this report.
___
Follow Gillian Flaccus on Twitter at http://www.twitter.com/gflaccus | https://cw33.com/news/politics/ap-politics/pandemic-pushes-oregons-public-defender-system-to-the-brink/ | 2022-05-08T18:57:01Z |
Mills will be responsible for delivering wholesale brokers a best-in-class experience across Ledgebrook's E&S product lines.
BOSTON, June 28, 2022 /PRNewswire/ -- Ledgebrook, a tech-enabled E&S MGA, has announced that Steve Mills is joining the company as its President, E&S. Mills previously served as President, E&S at The Hanover Insurance Group and brings with him 30+ years of industry experience spanning numerous distribution channels and segments including large account casualty, facultative reinsurance and excess & surplus lines. Steve's most recent experiences have focused exclusively on the E&S space where he's held leadership roles of increasing responsibility at multiple organizations. Most importantly, Steve is passionate about building and leading underwriting teams that deliver market leading solutions proven to consistently drive profitable growth. He currently resides in the Greater Atlanta area with his wife and two daughters.
"I'm beyond thrilled to welcome Steve to the Ledgebrook family," said Founder & CEO Gage Caligaris. "Scaling profitable E&S businesses is nothing new for him, but armed with Ledgebrook's industry-leading technology the sky's the limit for what Steve and his underwriting organization can achieve."
"Current-state insurance industry platforms present many opportunities to reduce friction and increase efficiencies throughout the transaction lifecycle for all those involved," said Mills. "This is particularly true within the ever evolving E&S segment and growing wholesale distribution channel. Leveraging technology-enhanced capabilities to drive profitable growth will be Ledgebrook's north star and we are excited for what the future holds."
About Ledgebrook
Ledgebrook is a tech-enabled E&S MGA looking to provide the fastest, easiest quoting experience to wholesale brokers while delivering best-in-class pricing and risk selection via their innovative next-gen tech stack. Led by insurance industry veterans, the ultimate vision for Ledgebrook is to become a globally diversified re/insurer built from the ground up with modern technology. Visit us at Ledgebrook.com.
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SOURCE Ledgebrook | https://www.wibw.com/prnewswire/2022/06/28/ledgebrook-names-steve-mills-president-eamps/ | 2022-06-28T16:01:37Z |
Study: Pfizer COVID pill showed no benefit in younger adults
WASHINGTON (AP) — Pfizer’s COVID-19 pill appears to provide little or no benefit for younger adults, while still reducing the risk of hospitalization and death for high-risk seniors, according to a large study published Wednesday.
The results from a 109,000-patient Israeli study are likely to renew questions about the U.S. government’s use of Paxlovid, which has become the go-to treatment for COVID-19 due to its at-home convenience. The Biden administration has spent more than $10 billion purchasing the drug and making it available at thousands of pharmacies through its test-and-treat initiative.
The researchers found that Paxlovid reduced hospitalizations among people 65 and older by roughly 75% when given shortly after infection. That’s consistent with earlier results used to authorize the drug in the U.S. and other nations.
But people between the ages of 40 and 65 saw no measurable benefit, according to the analysis of medical records.
The study has limitations due to its design, which compiled data from a large Israeli health system rather than enrolling patients in a randomized study with a control group — the gold-standard for medical research.
The findings reflect the changing nature of the pandemic, in which the vast majority of people already have some protection against the virus due to vaccination or prior infection. For younger adults, in particular, that greatly reduces their risks of severe COVID-19 complications. The Centers for Disease Control and Prevention recently estimated that 95% of Americans 16 and older have acquired some level of immunity against the virus.
“Paxlovid will remain important for people at the highest risk of severe COVID-19, such as seniors and those with compromised immune systems,” said Dr. David Boulware, a University of Minnesota researcher and physician, who was not involved in the study. “But for the vast majority of Americans who are now eligible, this really doesn’t have a lot of benefit.”
A spokesman for Pfizer declined to comment on the results, which were published in the New England Journal of Medicine.
The U.S. Food and Drug Administration authorized Paxlovid late last year for adults and children 12 and older who are considered high risk due to conditions like obesity, diabetes and heart disease. More than 42% of U.S. adults are considered obese, representing 138 million Americans, according to the CDC.
At the time of the FDA decision there were no options for treating COVID-19 at home, and Paxlovid was considered critical to curbing hospitalizations and deaths during the pandemic’s second winter surge. The drug’s results were also far stronger than a competing pill from Merck.
The FDA made its decision based on a Pfizer study in high-risk patients who hadn’t been vaccinated or treated for prior COVID-19 infection.
“Those people do exist but they’re relatively rare because most people now have either gotten vaccinated or they’ve gotten infected,” Boulware said.
Pfizer reported earlier this summer that a separate study of Paxlovid in healthy adults — vaccinated and unvaccinated — failed to show a significant benefit. Those results have not yet been published in a medical journal.
More than 3.9 million prescriptions for Paxlovid have been filled since the drug was authorized, according to federal records. A treatment course is three pills twice a day for five days.
A White House spokesman on Wednesday pointed to several recent papers suggesting Paxlovid helps reduce hospitalizations among people 50 and older. The studies have not been published in peer-reviewed journals.
“Risk for severe outcomes from COVID is along a gradient, and the growing body of evidence is showing that individuals between the ages of 50 and 64 can also benefit from Paxlovid,” Kevin Munoz said in an emailed statement.
Administration officials have been working for months to increase use of Paxlovid, opening thousands of sites where patients who test positive can fill a prescription. Last month, U.S. officials further expanded access by allowing pharmacists to prescribe the drug.
The White House recently signaled that it may soon stop purchasing COVID-19 vaccines, drugs and tests, shifting responsibility to the private insurance market. Under that scenario, insurers could set new criteria for when they would pay for patients to receive Paxlovid.
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Follow Matthew Perrone on Twitter: @AP_FDAwriter
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The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/24/study-pfizer-covid-pill-showed-no-benefit-younger-adults/ | 2022-08-24T22:52:58Z |
WEST LINN, Ore., Aug. 9, 2022 /PRNewswire/ -- Pacific West Bank (OTC: PWBO) today announced that Jason Wessling has been promoted to Bank President subject to regulatory approval. Jason will also continue as the Bank's Chief Financial Officer and will join the Banks Board of Directors.
"Jason was the first executive recruited after the capital raise in 2018. At that time, the Bank had roughly $90.0 million in assets. Since then, under Jason's leadership as CFO the Bank has grown to $300 million, a milestone the Bank celebrated in July. The Bank recognized Jason's leadership contribution in October of 2020 by naming him the Bank's first Executive Vice President. His accomplishments were magnified during the following two years and were a significant determinant to the Bank's 3x growth during a time of unprecedented economic challenge," Terry Peterson the Bank's Chief Executive Officer.
"The Portland Business community honored Jason's leadership and successes by naming him CFO of the year by the Portland Business Journal in 2021. Jason demonstrates the Bank's culture of relationship banking by focusing on the growth of each relationship the Bank has with the community, businesses, non-profits, and the amazing team of Bankers at PWB," said Ed Kawasaki Board Chairman of the Bank.
Before joining Pacific West Bank, Jason was an executive at Premier Community Bank as its Chief Financial Officer with prior experience with Moss Adams, a public accounting firm as a specialist within the Financial Institutions practice. Jason is a CPA in the State of Oregon and is a member of the Oregon Society of CPAs and the AICPA.
About Pacific West Bank: Information about the Bank's stock is available through the over-the-counter marketplace at www.otcmarkets.com (symbol PWBO).
Pacific West Bank was formed in 2004 by Portland businesspeople to deliver loan and deposit product solutions through experienced and professional bankers to businesses, nonprofits, professionals, and individuals. The Bank serves the greater Portland Metro area with offices strategically located in Downtown Portland, Lake Oswego, and West Linn.
Media Contact:
Terry A. Peterson
Chief Executive Officer
(503) 905-2217
tpeterson@bankpacificwest.com
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SOURCE Pacific West Bank | https://www.mysuncoast.com/prnewswire/2022/08/09/pacific-west-bank-announces-jason-wessling-bank-president/ | 2022-08-09T21:21:29Z |
NEW YORK, April 29, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Everbridge, Inc. (NASDAQ: EVBG) between November 4, 2019 and February 24, 2022, inclusive (the "Class Period") of the important June 3, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Everbridge securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Everbridge class action, go to https://rosenlegal.com/submit-form/?case_id=3095 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 3, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Everbridge was experiencing integration problems with respect to its acquiring nine separate companies; (2) Everbridge was using the revenues from these acquisitions to mask increasingly stagnant organic growth; and (3) Everbridge was failing to disclose that the COVID-19 pandemic was having a material impact on the size of the deals that Everbridge was able to obtain, with a negative effect on the Company's revenue growth. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Everbridge class action, go to https://rosenlegal.com/submit-form/?case_id=3095 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/04/29/rosen-recognized-investor-counsel-encourages-everbridge-inc-investors-secure-counsel-before-important-deadline-securities-class-action-evbg/ | 2022-04-30T16:45:12Z |
HMS Software has been a leader in timesheet and project time management systems since the 1980s. It has just released TimeControl version 8.3, with significant improvements for effective human resource management.
MONTREAL, June 15, 2022 /PRNewswire/ - HMS Software, a leader in project and timesheet systems since 1984 has just announced the release of TimeControl version 8.3. This is a significant update to the popular TimeControl family of products and services.
"We are very proud of this latest release of TimeControl," says Chris Vandersluis, president of HMS Software. "While the workplace is changing day to day around the world, clients have found TimeControl to be an area of stability, capturing time, managing projects and making decisions on where to apply precious human resources to be most effective. Whether a client is remote, hybrid or onsite, TimeControl has been a service and product in critical organizational processes that can be counted on."
This latest version of TimeControl includes new and enhanced features for TimeControl, the on-premise version of TimeControl, TimeControl Online, the TimeControl Software as a Service subscription, TimeControl Project, the premium version of TimeControl Online as well as TimeControl Industrial and TimeControl Industrial Online.
"The inspiration for new features in TimeControl comes from several sources," explains Stephen Eyton-Jones, HMS Software's Director of Technical Services. "We get input from our clients of course, which typically ends up as an enhanced feature. We also get input from the market, but the most innovative areas are usually our own staff who encounter organizations, see a business need that is not being addressed and bring that back for us to look at how we could solve it."
TimeControl 8.3 includes new features such as support for visual readers such as NVDA for those with visual impairments, changes in TimeControl Project for copying tasks from draft or task mode to auditable charge code mode and enhancements in the areas of authentication, costing, links to other products such as InEight Estimate and the TimeControl TimeRequest Wizard.
The TimeControl 8.3 upgrade is available now for existing on-premise clients of TimeControl and TimeControl Industrial with a current support and maintenance agreement at no additional charge from the TimeControl upgrades site: TimeControl.com/support/updates.
TimeControl 8.3 Online will be upgraded automatically for TimeControl Online, TimeControl Industrial Online and TimeControl Project subscription clients in the coming weeks.
For more information about this TimeControl upgrade, please visit the TimeControl website: https://www.timecontrol.com/features/latest.
TimeControl was originally released in 1994. It was immediately successful in the project management sector and today is recognized not only as a project management solution, but also as an enterprise timesheet solution in use by companies worldwide. TimeControl is designed as a multipurpose timesheet able to serve the needs of both Finance and Project Management simultaneously. It includes features such as a multi-browser, multi-device interface, a PC and mobile interface, vacation approvals, executive dashboards, extensive approval functionality, flexible reporting and links to project management and corporate systems which makes the timesheet product ideally suited for integration with existing systems in any organization. TimeControl's flexibility allows it to be deployed for use as a time and attendance, time and billing, project tracking and flex-time system. TimeControl and TimeControl Industrial are available both as an on-line subscription in the Cloud and for purchase for an on-premises installation. TimeControl Project is a premium version of the TimeControl Online and TimeControl Industrial Online subscription service in the cloud.
For more information about TimeControl, TimeControl Industrial and TimeControl Project, monitor the TimeControl blog at blog.timecontrol.com, or the main TimeControl website at www.timecontrol.com.
Based in Montreal, Canada with offices in Toronto, HMS Software has been a leading provider of project management and enterprise timesheet systems and services since 1984. HMS Software's first customized timesheet application was written in 1984. With the launch of TimeControl as a commercial application in 1994, HMS Software began servicing clients worldwide.
HMS Software's client list reads like a who's who of business. It includes AMD, Aegion, CANAM, CAE, EXFO, Foster Wheeler, Interpol, Kelly Services, the Government of Quebec, Pontoon Solutions, Progress Rail, Reebok-CCM, Rolls Royce, Sandoz, SEFA, Volvo Novabus, Zoetis and hundreds of others. For further information about HMS Software, please visit the HMS website at: www.hms.ca or contact us at info@hms.ca.
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SOURCE HMS Software | https://www.wibw.com/prnewswire/2022/06/15/hms-releases-significant-new-release-timecontrol-multi-function-timesheet-system-timecontrol-83-includes-many-new-enhanced-features/ | 2022-06-15T18:21:11Z |
CAIRO (AP) — Egypt’s media regulator demanded Wednesday that Netflix and other steaming services adhere to this majority Muslim county’s “societal values” — a veiled reference to programs featuring members of the LGBTQ community.
The statement came a day after Gulf Arab countries asked Netflix to remove “offensive content” on the streaming service, apparently targeting programs that show gays and lesbians.
According to the Egyptian government’s statement, streaming services should comply with “societal principles and values of the country” they are streaming in. The statement called for them to undertake “necessary measures if they air content contradicting values of the society.”
The statement by the Supreme Council for Media Regulation did not elaborate. Later Wednesday, Netflix, based in Los Gatos, California, declined an Associated Press request for a comment.
Homosexuality is highly taboo in Egypt, where a 2013 survey by the Pew Research Center found that 95% of those polled said it should be “rejected by society.”
Though it is not explicitly prohibited by law, members of the LGBTQ community are often prosecuted under charges of “immorality” and “debauchery.” Authorities regularly arrest gay men, with large police raids on private parties or locations such as public baths, restaurants, and bars.
Egypt’s movie industry, long celebrated in the Mideast, also bans films and programs from featuring gays and lesbians.
In June, countries in the Muslim world banned the public showing of Disney’s latest animated film “Lightyear” which has a brief moment showing two lesbian characters kissing. After that, the company’s Disney+ streaming service said its “content available should align with local regulatory requirements” in Gulf Arab countries. .
In January, the first Arabic Netflix movie, “No Dearer Friends,” sparked controversy, with critics claiming it was a threat to family and religious values, encouraged homosexuality and that it was allegedly unfit for Arab societies. At least one lawmaker, Mostafa Bakry, called for Netflix to be banned in Egypt.
The film contains scenes unprecedented for audiences in the country: an Egyptian wife discreetly slips off her black, lacy underwear from under her clothes before heading out for dinner; a man reveals that he is gay, and a Lebanese father tells his teenage daughter she is free to choose whether to have sex with her boyfriend despite his reservations. | https://cw33.com/entertainment-news/ap-entertainment/ap-egypt-demands-netflix-others-adhere-to-societal-values/ | 2022-09-07T16:55:44Z |
WASHINGTON (AP) — When a 10-year-old Ohio girl traveled to Indiana last month to end a pregnancy forced onto her by a rapist, several conservative politicians and TV pundits called the report a hoax.
After horrific details confirmed the case was real, some tried a new tack: claiming, without evidence, that the child could have still legally obtained an abortion in Ohio under a near-total abortion ban that exempts only mothers whose lives or major bodily functions are at risk once fetal cardiac activity is detected.
Catherine Glenn Foster, president of the anti-abortion Americans United for Life, added another defense for young rape victims: She told the House Judiciary Committee that a 10-year-old’s pregnancy “would probably impact her life and so, therefore, it would fall under any exception and would not be an abortion.”
In televised statements and interviews, anti-abortion advocates have used misleading rhetoric about abortion access to downplay fallout and complications from restrictive abortion laws as doctors, struggling to interpret laws that have largely been untested in courts, turn away pregnant patients for care.
Those efforts have had an immediate impact, casting a narrative about a post-Roe v. Wade world that overlooks how abortion laws enacted in recent weeks have complicated the way doctors treat rape victims, miscarriages and ectopic pregnancies.
More than half a dozen doctors interviewed by The Associated Press said they feel compromised and uncertain operating in an abortion landscape fundamentally changed by a U.S. Supreme Court ruling that rejected nearly 50 years of precedent that abortion was a protected constitutional right.
“It’s a horrible position for health care providers to be in, to be unsure about what’s legal and what’s not legal, and to be questioning the care that they know that they should provide,” said Dr. Jennifer Kerns, an associate professor in the department of obstetrics, gynecology and reproductive sciences at the University of California, San Francisco.
Ohio Attorney General Dave Yost, who initially questioned reporting of the 10-year-old girl’s rape case, said in a Fox News Channel interview that she did not have to leave Ohio for abortion treatment, citing the state’s exemptions. Last week, Ohio Right to Life President Mike Gonidakis repeated the claim during a public forum: “She could have had that abortion here.” The law’s Republican sponsor said the same in a newspaper column published Thursday.
But it’s not as clear cut as they’ve suggested.
The state’s nonpartisan Legislative Service Commission confirmed in an analysis that the age of a mother, alone, would not allow a girl to legally access the procedure in the state. Doctors in Ohio are required to document a medical condition and rationale if they administer an abortion to provide life-saving treatment.
Yost’s office did not return a request for additional comment. Gonidakis laid out “different scenarios” to the AP under which the girl might have been able to access the abortion in Ohio, such as if a doctor agreed her life was at risk because of her age, while noting that he had not reviewed her medical records.
Across social media, some conservatives have also minimized concerns about access to treatment for ectopic pregnancies, calling it “still legal in every state.” An ectopic pregnancy is defined as one in which a fertilized egg grows outside the uterus, where it has no chance of survival.
Earlier this month, abortion opponent Erin Morrow Hawley told the House Reform and Oversight Committee that ectopic pregnancies had become the subject of “misinformation.”
“There have been social media posts suggesting that women won’t get treated for an ectopic pregnancy because doctors might be afraid of performing the procedure, but that’s absolutely false,” said Hawley, an attorney at the religious nonprofit Alliance Defending Freedom. “Treatment for an ectopic pregnancy is not, in fact, an abortion.”
State abortion laws, however, have fueled confusion.
Doctors generally agree that the procedure to an end an ectopic pregnancy, which typically includes medication or surgery to remove the pregnancy, is not the same as an abortion.
But women reportedly have been declined care in states that have severely restricted abortion access, like Ohio, where an abortion is banned once fetal cardiac activity is detected. Fetal heartbeats can still be present in ectopic pregnancies. In one case, a central Texas hospital told a physician not to treat an ectopic pregnancy until it ruptured, per a letter from the Texas Medical Association.
In an email to the AP, Hawley said that doctors who have turned away ectopic pregnancy patients because of abortion bans are misinterpreting the laws.
Still, before Roe v. Wade was even overturned by the Supreme Court in June, some religious hospitals had policies against treating women for ectopic pregnancies.
And many states have not specified in their newly enacted abortion bans that an ectopic pregnancy can be treated as an exception. That’s left doctors in some states leery of ending the pregnancy, said Dr. Kate White, an associate professor of obstetrics and gynecology at Boston University School of Medicine. Lawmakers in West Virginia, for example, are considering an abortion ban that would carve out an exception for ectopic pregnancies.
“Clinicians may be afraid to treat it if the abortion law in their state does not explicitly carve out ectopic pregnancy. You can see their worry, ‘Hey, growing pregnancy, can’t interrupt it ever,’” White said. “They are afraid that the law is too broad.”
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Kelety reported from Phoenix. Associated Press writer Julie Carr Smyth in Columbus, Ohio contributed.
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Follow AP’s coverage of abortion at https://apnews.com/hub/abortion. | https://cw33.com/health/ap-health/abortion-foes-downplay-complex-post-roe-v-wade-realities/ | 2022-07-29T17:43:36Z |
- Announces revenue of $10.8 million
- Reaffirms 2022 Revenue Guidance to Exceed $43 Million
LOUISVILLE, Ky., May 16, 2022 /PRNewswire/ -- Creative Realities, Inc. ("Creative Realities," "CRI," or the "Company") (NASDAQ: CREX, CREXW), a leading provider of digital signage solutions, announced its financial results for the three months ended March 31, 2022.
Rick Mills, Chief Executive Officer, commented "During the first quarter of 2022, we completed financing activities and closed on our previously announced acquisition of Reflect Systems, Inc. ("Reflect"). Customers spoke immediately, with Creative Realities and Reflect initially winning a $10 million customer project which began in February and will continue deployment through the first quarter of 2023. Despite combined company results which include only 44 days with Reflect in our consolidated results, we produced record revenue of approximately $10.8 million. Our current client base continues to expand, as evidenced by the expansion in our annual recurring run-rate to in excess of $13.5 million per year. Our pipeline for potential new logos and new clients has never been more robust."
Mr. Mills continued, "Our primary focus remains in expanding the number of SaaS devices managed via our digital signage software, in turn increasing the value of our Company through increasing in our annual recurring services revenue. As we grow the software subscription base and continue to integrate Creative Realities and Reflect, we expect to further enhance our operating leverage and improve financial results."
"With the expansion of our SaaS revenue and the momentum within our pipeline, we reiterate our expected target to generate revenue in excess of $43 million during 2022, which would represent an organic growth rate in excess of 40% on a pro forma, combined company basis as compared to 2021. We remain on track to deliver 25% growth in our annual recurring revenue on a pro forma, combined company basis in 2022."
Mr. Mills concluded, "We are proud about the work we have completed thus far, but remain even more engaged and excited about what is to come for Creative Realities. We are positioned to service enterprise customers with our end-to-end offering and to drive profitability through our increased scale."
All results herein represent the financial results of Creative Realities, Inc. and include financial results for Reflect Systems, Inc. for the period February 17, 2022 – March 31, 2022 during which Reflect operated as a wholly owned subsidiary of Creative Realities following their merger on February 17, 2022.
Key Highlights:
- Revenue growth of $5.8 million, or 115%
- Annual Recurring Revenue run-rate exceeds $13.5 million
Revenue, gross profit, and gross margin:
- Revenues were $10.8 million, representing an increase of $5.8 million, or 115%, as compared to the same period in 2021 despite a reduction in revenues generated from the sale of our Safe Space Solutions products and services of $0.9 million. Revenues generated from our core digital signage products and services increased $6.6 million, or 133% in 2022 as compared to 2021, despite continued supply chain disruptions related to semiconductor chips delaying the delivery of digital displays and media players to the Company.
- CRI acquired Reflect on February 17, 2022, and the Company's consolidated results for the three months ended March 31, 2022 include 44 days of Reflect's operations. Had the companies completed the Merger as of December 31, 2021, the combined company would have revenue in excess of $12 million during the three months ended March 31, 2022.
- Hardware revenues were $6.5 million in 2022, an increase of $3.6 million, or 129%, as compared to the prior year. Services and other revenues were $4.3 million in 2022, an increase of $2.1 million, or 96% with the inclusion of 44 days of Reflect in the consolidated results.
- Managed services revenue, which includes both software-as-a-service ("SaaS") and help desk technical subscription services, were $2.7 million in the three months ended March 31, 2022 as compared to $1.3 million in the same period in 2021, which included $0.8 million contributed by Reflect in the 44 days from February 17 – March 31, 2022. The Company's annual recurring revenue run-rate exceeds $13.5 million as of March 31, 2022.
- Gross profit increased by $1.7 million, or 74% driven by an increase in revenue but offset by a reduction in gross profit margin. Gross profit margin decreased to 36.2% from 44.6% driven by a shift in revenue mix to 60% hardware in the first quarter of 2022 related to a material customer rollout underway. We expect this contraction in gross profit margin to be less severe as we move into the second quarter of 2022 and beyond, with significant pressure in the current quarter driving by a single, large-scale/hardware-heavy deployment.
Operating expenses:
- Sales and marketing expenses increased by $0.4 million, or 111%, from $0.3 million during the three months ended March 31, 2021 to $0.7 million in the three months ended March 31, 2022, driven by the acquisition of Reflect during the period. Immediately following the acquisition of Reflect, the company integrated the sales and marketing functions and does not disaggregate these expenses between the two legacy companies. Through the acquisition and integration activities, the Company has adopted certain tools, technology, and processes – particularly with respect to digital marketing utilized to generate demand and qualified sales leads – that were only minimally invested into by Creative Realities in the past. Additionally, the Company formally engaged an investor relations firm, HaydenIR, and has increased investor relations activities, including conferences and presentations. As a result, we expect the sales and marketing expenses of the combined company to continue at the current pace for future periods.
- Research and development expenses increased $0.1 million, or 41% in 2022, from $0.1 million during the three months ended March 31, 2021 to $0.2 million during the three months ended March 31, 2022, driven primarily by the acquisition of Reflect. Through the acquisition of Reflect, we acquired a fully staffed, experienced software development team and elected to keep these resources intact, in full, particularly given employment market conditions with respect to talented software engineers. We have integrated the pre-existing CRI development team with the acquired team and have experienced speed to market on feature and functionality development activities from enhancing this resource pool. We expect this elevated level of expense to continue into the future as we continue to develop our current and future product set.
- General and administrative expenses – excluding bad debt expense – increased $0.6 million, or 31%, from $2.1 million during the three months ended March 31, 2021 to $2.7 million during the three months ended March 31, 2022, driven by the acquisition of Reflect. While the company anticipates carrying higher general and administrative expenses moving forward as a result of the acquisition of Reflect, the integration activities include several projects that we expect will be realized by the end of 2022. Bad debt expense returned to a more normalized rate of $0.1 million during the three months ended March 31, 2022, representing an increase of $0.6 million as compared to 2021 as the result of a bankruptcy recovery in the same period in 2021. Our general and administrative expenses also include $0.6 million in non-cash stock compensation expenses.
Operating loss, net income, and EBITDA:
- Operating loss was $1.0 million during the three months ended March 31, 2022, inclusive of the following $1.7 million in non-cash charges:
- Net income was $2.5 million during the three months ended March 31, 2022 including:
- EBITDA was $4.1 million in 2022, with Adjusted EBITDA of $0.6 million. Adjusted EBITDA margin was 6% during the period.
The Company will host a webinar to review the results and provide additional commentary about the Company's recent performance and the Reflect merger, which is scheduled for Tuesday, May 17, 2022 at 9:00 am Eastern Time.
Prior to the call, participants should register at bit.ly/CRIearnings2022Q1. Once registered, participants can use the weblink provided in the registration email to listen to and view prepared materials via live webcast. An archived edition of the conference call will also be posted on our website at www.cri.com later that same day and will remain available to interested parties via the same link for one year.
Creative Realities helps clients use place-based digital media to achieve business objectives such as increased revenue, enhanced customer experiences, and improved productivity. The company designs, develops and deploys digital signage experiences for enterprise-level networks, and is actively providing recurring SaaS and support services across diverse vertical markets, including but not limited to retail, automotive, digital-out-of-home (DOOH) advertising networks, convenience stores, foodservice/QSR, gaming, theater, and stadium venues.
With its recent acquisition of Reflect Systems, Inc., a leading provider of digital signage software platforms, the company is poised to extend its product and service offering and accelerate growth in SaaS revenue. While Reflect provided a broad range of digital signage solutions, Reflect's flagship products are the market-leading ReflectView digital signage platform and Reflect AdLogic ad management platform. ReflectView is the industry's most comprehensive, scalable, enterprise-grade digital signage platform, powering enterprise customer networks. Meanwhile, Reflect AdLogic has become the benchmark for digital signage powered ad networks, delivering nearly 50 million ads daily. The acquisition of Reflect also brought to the Company a media sales division with the expertise and relationships to help any digital signage venue owner develop and execute a monetization plan for their network.
The combined company has operations across North America with active installations in more than 10 countries.
Creative Realities, Inc. prepares its consolidated financial statements in accordance with United States generally accepted accounting principles ("GAAP"). In addition to disclosing financial results prepared in accordance with GAAP, the Company discloses information regarding "EBITDA" and "Adjusted EBITDA." CRI defines "EBITDA" as earnings before interest, income taxes, depreciation and amortization of intangibles. CRI defines "Adjusted EBITDA" as EBITDA excluding stock-based compensation, fair value adjustments and both cash and non-cash non-recurring gains and charges. EBITDA and Adjusted EBITDA are not measures of performance defined in accordance with GAAP. However, EBITDA and Adjusted EBITDA are used internally in planning and evaluating the Company's operating performance. Accordingly, management believes that disclosure of these metrics offers investors, bankers and other stakeholders an additional view of the Company's operations that, when coupled with the GAAP results, provides a more complete understanding of the Company's financial results.
EBITDA and Adjusted EBITDA should not be considered as an alternative to net income/(loss) or to net cash used in operating activities as measures of operating results or liquidity. Our calculation of EBITDA and Adjusted EBITDA may not be comparable to similarly titled measures used by other companies, and the measures exclude financial information that some may consider important in evaluating the Company's performance. A reconciliation of GAAP net income/(loss) to EBITDA and Adjusted EBITDA is included in the accompanying financial schedules.
For further information, please refer to Creative Realities, Inc.'s filings available online at www.sec.gov, including its Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 22, 2022.
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, and includes, among other things, discussions of our business strategies, product releases, future operations and capital resources. Words such as "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose" and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. Forward-looking statements are not guarantees of future performance, conditions or results. They are based on the opinions, estimates and beliefs of management as of the date such statements are made, and they are subject to known and unknown risks, uncertainties, assumptions and other factors, many of which are outside of our control, that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. Some of these risks are discussed in the "Risk Factors" section contained in Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2021 and the Company's subsequent filings with the U.S. Securities and Exchange Commission. Important factors, among others, that may affect actual results or outcomes include: our ability to effectively integrate Reflect's business operations, our strategy for customer retention, growth, product development, market position, financial results and reserves, our ability to execute on our business plan, our ability to retain key personnel, potential litigation, supply chain shortages, and general economic and market conditions impacting demand for our products and services, including those as a result of the COVID-19 pandemic. Readers should not place undue reliance upon any forward-looking statements. We assume no obligation to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
RECONCILIATION OF GAAP NET LOSS TO ADJUSTED EBITDA
(in thousands, unaudited)
Creative Realities, Inc. prepares its consolidated financial statements in accordance with United States generally accepted accounting principles ("GAAP"). In addition to disclosing financial results prepared in accordance with GAAP, the Company discloses information regarding "EBITDA" and "Adjusted EBITDA." CRI defines "EBITDA" as earnings before interest, income taxes, depreciation and amortization of intangibles. CRI defines "Adjusted EBITDA" as EBITDA excluding stock-based compensation, fair value adjustments and both cash and non-cash non-recurring gains and charges.
EBITDA and Adjusted EBITDA are non-GAAP financial measures and should not be considered as a substitute for net income (loss), operating income (loss) or any other performance measure derived in accordance with United States generally accepted accounting principles ("GAAP") or as an alternative to net cash provided by operating activities as a measure of CRI's profitability or liquidity. CRI's management believes EBITDA and Adjusted EBITDA are useful financial metrics because they allow external users of CRI's financial statements, such as industry analysts, investors, lenders and rating agencies, to more effectively evaluate CRI's operating performance, compare the results of its operations from period to period and against CRI's peers without regard to CRI's financing methods, hedging positions or capital structure and because it highlights trends in CRI's business that may not otherwise be apparent when relying solely on GAAP measures. CRI also presents EBITDA and Adjusted EBITDA because it believes EBITDA and Adjusted EBITDA are important supplemental measures of its performance that are frequently used by others in evaluating companies in its industry. Because EBITDA and Adjusted EBITDA exclude some, but not all, items that affect net income (loss) and may vary among companies, the EBITDA and Adjusted EBITDA CRI presents may not be comparable to similarly titled measures of other companies.
The following table presents a reconciliation of EBITDA and Adjusted EBITDA from net loss, CRI's most directly comparable financial measure calculated and presented in accordance with GAAP.
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SOURCE Creative Realities, Inc. | https://www.kxii.com/prnewswire/2022/05/16/creative-realities-reports-first-quarter-2022-results/ | 2022-05-16T21:42:44Z |
The 2023 Nissan Kicks small crossover carries over unchanged into the new year except for a $300 price increase, Nissan announced Wednesday.
More mainstream than the Nissan Juke and more practical and better equipped than the Nissan Versa, the Kicks is Nissan’s second most popular crossover SUV. It’s also the second most affordable Nissan behind the Versa, which sells at about one-fifth of the volume of the Kicks.
For 2023, the well-equipped Kicks S costs $21,585, including a $1,295 destination fee. It comes with 16-inch wheels, keyless start, a 7.0-inch touchscreen with Apple CarPlay and Android Auto, and three USB ports.
Standard across the Kicks lineup are driver-assist features such as automatic emergency braking, blind-spot monitors, and automatic high beams. In addition to those standard safety features, each Kicks is powered by a 122-hp 1.6-liter inline-4 paired with a CVT and front-wheel drive. It’s meant for efficiency more than power, and earns an EPA-rated 33 mpg combined.
For $23,445, the 2023 Nissan Kicks SV adds 17-inch alloy wheels, an 8.0-inch touchscreen, and adaptive cruise control.
The top SR grade paints the roof rails black and adds other dark trim elements, as well as LED headlights and fog lights, a leather-wrapped steering wheel, and a surround-view camera system. It costs $24,145, which is about half of the record new car prices shoppers are paying today.
A premium package adds Bose sound, heated front seats and steering wheel, synthetic leather upholstery, and a wi-fi hotspot.
Nissan’s smallest crossover SUV launched in 2018 and might see more interest now that the Nissan Rogue Sport has been discontinued.
Related Articles
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- 2023 Mazda CX-9 price bumped nearly $1,000, starts at $40,025
- Nissan discontinues Rogue Sport small crossover
- Genesis prices 2023 G80 electric car at $81,000, expands EVs to more states | https://cw33.com/automotive/internet-brands/2023-nissan-kicks-increases-300-to-start-at-21585/ | 2022-09-01T19:09:31Z |
NEW YORK, July 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Teladoc Health, Inc. (NYSE: TDOC).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/teladoc-health-inc-loss-submission-form/?id=29613&from=4
The lawsuit seeks to recover losses for shareholders who purchased Teladoc between October 28, 2021 and April 27, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 5, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Teladoc Health, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) increased competition, among other factors, was negatively impacting Teladoc's BetterHelp and chronic care businesses; (ii) accordingly, the growth of those businesses was less sustainable than Defendants had led investors to believe; (iii) as a result, Teladoc's revenue and adjusted EBITDA projections for FY 2022 were unrealistic; (iv) as a result of all the foregoing, Teladoc would be forced to recognize a significant non-cash goodwill impairment charge; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/07/08/tdoc-shareholder-alert-jakubowitz-law-reminds-teladoc-shareholders-lead-plaintiff-deadline-august-5-2022/ | 2022-07-08T10:12:11Z |
NET INCOME OF $0.26 PER SHARE
NON-GAAP OPERATING EARNINGS OF $0.64 PER SHARE
PSE&G to Invest $511 Million through Infrastructure Advancement Program
Re-Affirms 2022 Non-GAAP Operating Earnings Guidance of $3.35 - $3.55 per Share
NEWARK, N.J., Aug. 2, 2022 /PRNewswire/ -- Public Service Enterprise Group (NYSE: PEG) reported Net Income of $131 million, or $0.26 per share for the second quarter of 2022, compared to a Net Loss of $177 million, or $0.35 per share, in the second quarter of 2021. Non-GAAP Operating Earnings for the second quarter of 2022 were $320 million, or $0.64 per share, compared to non-GAAP Operating Earnings of $356 million, or $0.70 per share in the second quarter of 2021.
Ralph Izzo, chair, president and chief executive officer said, "Results for the second quarter and the first half of 2022 reflect ongoing rate base growth from regulated investments and favorable cost comparisons resulting from the sale of PSEG Fossil, placing us on track to achieve our 2022 financial goals. We remain focused on improving system reliability, further de-risking the business overall, and maximizing affordability for our customers."
Izzo continued, "As I step down from my CEO duties on September 1, PSEG is well positioned to enter its 120th year of serving New Jersey with essential energy services that help to power the economic engine of the State and advance its energy policy leadership. In my role as executive chair of the board through the end of 2022, I will continue to advocate on behalf of PSEG in key policy arenas. With Ralph LaRossa at the helm, PSEG will further advance its Powering Progress vision of a future where people use less energy, and it's cleaner, safer and delivered more reliably than ever. PSEG's dedicated workforce will continue the public service heritage that recently earned us the 2022 EEI Edison Award, the electric utility industry's highest honor, in recognition of PSE&G's infrastructure modernization programs focused on protecting our customers and communities from extreme weather conditions. The June 2022 approval of a four-year, $511 million investment in our Infrastructure Advancement Program (IAP) will extend these reliability improvements to the "Last Mile" of our distribution system, as we prepare the grid for the rapid transition to electric vehicles and enable a greater blend of renewable energy resources."
The following table provides a reconciliation of PSEG's Net Income/(Loss) to non-GAAP Operating Earnings for the second quarter. See Attachments for a complete list of items excluded from Net Income/(Loss) in the determination of non-GAAP Operating Earnings.
Ralph Izzo added, "We are re-affirming our 2022 non-GAAP Operating Earnings guidance of $3.35 - $3.55 per share. The Conservation Incentive Program (CIP) continues to reduce variances in sales revenue due to energy efficiency savings, weather and economic impacts, resulting in more stable utility margins. Our regulated investment programs continue to add predictable rate base growth while improving reliability and resiliency, and helping the State reach its clean energy goals. We also reiterate our multi-year earnings per share CAGR of 5% to 7% from the mid-point of 2022 guidance to 2025, in large part driven by continued growth in the utility's investment programs, including obtaining a return of and on capital investments that will be recovered specifically through the next base rate case to be filed by year-end 2023."
Financial Results and Outlook
PSE&G
Compared to the second quarter of 2021, Transmission margin was flat, as growth in rate base and other positive true-up adjustments were offset by the August 2021 implementation of a new Transmission formula rate, including a lower return on equity. For distribution, Gas margin improved by $0.02 per share over second quarter 2021, reflecting the scheduled recovery of investments made under Gas System Modernization Program II and the true up from the CIP. Electric margin rose by $0.02 per share compared to the second quarter of 2021, driven by the scheduled recovery of Energy Strong II investments and the CIP. Other margin, primarily related to appliance services, also added $0.01 per share compared with the second quarter of 2021.
O&M expense was $0.04 per share unfavorable compared with the second quarter of 2021, reflecting higher legal costs from the resumption of customer settlement proceedings as courts reopened, higher Electric operations expense and Gas tariff work. Interest expense was $0.01 per share unfavorable, reflecting higher investment. In addition, the impact of PSEG's $500 million share repurchase program had a $0.01 per share benefit on second quarter 2022 results. Flow-through taxes and other items had a net unfavorable impact of $0.01 per share compared to second quarter 2021, driven by the use of an annual effective tax rate that will reverse over the remainder of the year.
Weather during the second quarter of 2022 (measured by the Temperature-Humidity Index-THI) was warmer than normal but cooler than temperatures during the second quarter of 2021. With the CIP in effect, variations in weather (positive or negative) have a limited impact on electric and gas margins while enabling the widespread adoption of PSE&G's energy efficiency programs. For the trailing 12-months ended June 30, weather-normalized electric and gas sales reflected lower Residential (both lower by approximately 3%) and higher Commercial and Industrial (higher by 2% and 3%, respectively) sales, as more people returned to work outside the home. Growth in the number of electric and gas customers remained positive by approximately 1% during the trailing 12-month period.
On June 29, the New Jersey Board of Public Utilities approved the settlement of the Infrastructure Advancement Program authorizing PSE&G to invest $511 million over the next four years for grid modernization and "Last Mile" reliability improvements that support New Jersey's clean energy goals.
PSE&G invested approximately $741 million during the second quarter and approximately $1.4 billion year to date through June 30, and is on track to execute its planned 2022 capital investment program of $2.9 billion. The 2022 capital spending program includes infrastructure upgrades to its transmission and distribution facilities, as well as the continued rollout of the Clean Energy Future investments in energy efficiency, energy cloud (smart meters), electric vehicle charging infrastructure, and the newly approved IAP.
PSE&G's forecast of Net Income for 2022 is unchanged at $1,510 million - $1,560 million.
PSEG Carbon-Free, Infrastructure & Other
Carbon-Free, Infrastructure & Other (CFIO) reported a Net Loss of $174 million ($0.35 per share) for the second quarter of 2022 and non-GAAP Operating Earnings of $15 million ($0.03 per share). This compares to a second quarter 2021 Net Loss of $486 million and non-GAAP Operating Earnings of $47 million, which included results of the divested fossil and solar assets.
For the second quarter of 2022, electric gross margin declined by $0.25 per share, primarily due to the sale of the 6,750 MW fossil portfolio in February 2022 and the sale of the Solar Source portfolio in June 2021. This reduction in gross margin includes recontracting approximately 8 TWh of nuclear generation at a $3/MWh lower average price. In addition, zero emission certificates added $0.01 per share due to the absence of the Hope Creek refueling outage in the year-earlier quarter. Separately, lower margins at Gas Operations resulted in a $0.01 decline in gross margin versus the second quarter of 2021.
Year over year, second quarter cost comparisons were better by $0.22 per share due to the divestitures, driven by lower O&M, depreciation and interest expense that will mainly benefit first-half 2022 results. The third and fourth quarters of 2021 reflected the Solar Source sale in June, the cessation of fossil depreciation from August onward, and the retirement of PSEG Power's outstanding debt in October. Parent activity was $0.01 per share unfavorable compared with second quarter 2021, as a result of higher interest expense. Taxes and other were $0.01 unfavorable compared to the second quarter 2021.
Nuclear generating output increased by over 3.7% to 7.5 TWh in the second quarter of 2022, reflecting the absence of a refueling outage at Hope Creek in the year-earlier quarter. The capacity factor of the nuclear fleet for the year to date period through June 30 was 95.1%. PSEG is forecasting generation output of 14 to 16 TWh for the remaining two quarters of 2022, and has hedged approximately 95% - 100% of this production at an average price of $28 per MWh. For 2023, PSEG is forecasting nuclear baseload output of 30 to 32 TWh and has hedged 95% - 100% of this output at an average price of $31 per MWh. For 2024, PSEG is forecasting nuclear baseload output of 29 to 31 TWh and has hedged 55% - 60% of this output at an average price of $32 per MWh.
PSEG Power had net cash collateral postings of $2.1 billion at June 30 related to out-of-the-money hedge positions from higher energy prices during the first half of 2022. At the end of July, PSEG Power had net cash collateral postings of $2.5 billion. The majority of this collateral relates to hedges in place through the end of 2023 and is expected to be returned as PSEG Power satisfies its obligations under those contracts.
The forecast of non-GAAP Operating Earnings for Carbon-Free, Infrastructure & Other is unchanged at $170 million - $220 million. The CFIO guidance for 2022 excludes results related to the fossil assets sold in February 2022.
PSEG will host a conference call to review its Second Quarter 2022 results with the financial community at 11AM EDT today. This event can be accessed by visiting https://investor.pseg.com/investor-news-and-events to register.
Public Service Enterprise Group (PSEG) (NYSE: PEG) is a predominantly regulated infrastructure company focused on a clean energy future. Guided by its Powering Progress vision, PSEG aims to power a future where people use less energy, and it's cleaner, safer and delivered more reliably than ever. PSEG's commitment to ESG and sustainability is demonstrated in our net-zero 2030 climate vision, our pursuit of science-based emissions reductions targets and participation in the U.N. Race to Zero, as well as our inclusion on the Dow Jones Sustainability North America Index, the Bloomberg Gender-Equality Index and the list of America's most JUST Companies. PSEG's principal operating subsidiaries are Public Service Electric and Gas Co. (PSE&G), PSEG Power and PSEG Long Island. (https://corporate.pseg.com).
Non-GAAP Financial Measures
Management uses non-GAAP Operating Earnings in its internal analysis, and in communications with investors and analysts, as a consistent measure for comparing PSEG's financial performance to previous financial results. Non-GAAP Operating Earnings exclude the impact of returns (losses) associated with the Nuclear Decommissioning Trust (NDT), Mark-to-Market (MTM) accounting and material one-time items.
See Attachments 8 and 9 for a complete list of items excluded from Net Income/(Loss) in the determination of non-GAAP Operating Earnings. The presentation of non-GAAP Operating Earnings is intended to complement, and should not be considered an alternative to the presentation of Net Income/(Loss), which is an indicator of financial performance determined in accordance with GAAP. In addition, non-GAAP Operating Earnings as presented in this release may not be comparable to similarly titled measures used by other companies.
Due to the forward looking nature of non-GAAP Operating Earnings guidance, PSEG is unable to reconcile this non-GAAP financial measure to the most directly comparable GAAP financial measure. Management is unable to project certain reconciling items, in particular MTM and NDT gains (losses), for future periods due to market volatility.
Forward-Looking Statements
Certain of the matters discussed in this report about our and our subsidiaries' future performance, including, without limitation, future revenues, earnings, strategies, prospects, consequences and all other statements that are not purely historical constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks and uncertainties, which could cause actual results to differ materially from those anticipated. Such statements are based on management's beliefs as well as assumptions made by and information currently available to management. When used herein, the words "anticipate," "intend," "estimate," "believe," "expect," "plan," "should," "hypothetical," "potential," "forecast," "project," variations of such words and similar expressions are intended to identify forward-looking statements. Factors that may cause actual results to differ are often presented with the forward-looking statements themselves. Other factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are discussed in filings we make with the United States Securities and Exchange Commission (SEC), including our Annual Report on Form 10-K and subsequent reports on Form 10-Q and Form 8-K. These factors include, but are not limited to:
- any inability to successfully develop, obtain regulatory approval for, or construct transmission and distribution, and solar and wind generation projects;
- the physical, financial and transition risks related to climate change, including risks relating to potentially increased legislative and regulatory burdens, changing customer preferences and lawsuits;
- any equipment failures, accidents, critical operating technology or business system failures, severe weather events, acts of war, terrorism, sabotage, cyberattack or other incidents that may impact our ability to provide safe and reliable service to our customers;
- any inability to recover the carrying amount of our long-lived assets;
- disruptions or cost increases in our supply chain, including labor shortages;
- any inability to maintain sufficient liquidity or access sufficient capital on commercially reasonable terms;
- the impact of cybersecurity attacks or intrusions or other disruptions to our information technology, operational or other systems;
- the impact of the ongoing coronavirus pandemic;
- failure to attract and retain a qualified workforce;
- inflation, including increases in the costs of equipment, materials, fuel and labor;
- the impact of our covenants in our debt instruments on our business;
- adverse performance of our nuclear decommissioning and defined benefit plan trust fund investments and changes in funding requirements and pension costs;
- the failure to complete, or delays in completing, the Ocean Wind 1 offshore wind project and the failure to realize the anticipated strategic and financial benefits of this project;
- fluctuations in wholesale power and natural gas markets, including the potential impacts on the economic viability of our generation units;
- our ability to obtain adequate nuclear fuel supply;
- market risks impacting the operation of our nuclear generating stations;
- changes in technology related to energy generation, distribution and consumption and changes in customer usage patterns;
- third-party credit risk relating to our sale of nuclear generation output and purchase of nuclear fuel;
- any inability to meet our commitments under forward sale obligations;
- reliance on transmission facilities to maintain adequate transmission capacity for our nuclear generation fleet;
- the impact of changes in state and federal legislation and regulations on our business, including PSE&G's ability to recover costs and earn returns on authorized investments;
- PSE&G's proposed investment programs may not be fully approved by regulators and its capital investment may be lower than planned;
- the absence of a long-term legislative or other solution for our New Jersey nuclear plants that sufficiently values them for their carbon-free, fuel diversity and resilience attributes, or the impact of the current or subsequent payments for such attributes being materially adversely modified through legal proceedings;
- adverse changes in and non-compliance with energy industry laws, policies, regulations and standards, including market structures and transmission planning and transmission returns;
- risks associated with our ownership and operation of nuclear facilities, including increased nuclear fuel storage costs, regulatory risks, such as compliance with the Atomic Energy Act and trade control, environmental and other regulations, as well as financial, environmental and health and safety risks;
- changes in federal and state environmental laws and regulations and enforcement;
- delays in receipt of, or an inability to receive, necessary licenses and permits; and
- changes in tax laws and regulations.
All of the forward-looking statements made in this report are qualified by these cautionary statements and we cannot assure you that the results or developments anticipated by management will be realized or even if realized, will have the expected consequences to, or effects on, us or our business, prospects, financial condition, results of operations or cash flows. Readers are cautioned not to place undue reliance on these forward-looking statements in making any investment decision. Forward- looking statements made in this report apply only as of the date of this report. While we may elect to update forward-looking statements from time to time, we specifically disclaim any obligation to do so, even in light of new information or future events, unless otherwise required by applicable securities laws.
The forward-looking statements contained in this report are intended to qualify for the safe harbor provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended.
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SOURCE PSEG | https://www.kxii.com/prnewswire/2022/08/02/pseg-announces-2022-second-quarter-results/ | 2022-08-02T11:53:43Z |
Which eyeliners are most popular at Sephora?
Eyeliner is one of the oldest cosmetics in existence, but it remains a popular, affordable and effective way to create makeup looks. Eyeliner can accentuate your eyes with simple and natural-looking flair, or it can go bold and dramatic. Whether you’re an eyeliner beginner or a makeup pro, these are the most popular eyeliners you can find at Sephora.
Which Sephora eyeliner to get
Different eyeliner formulas specialize in creating different looks. For smudged-out smoky looks, a pencil or gel eyeliner is best. For stylized graphic eyeliner or a cat-eye flick, liquid or pen eyeliners will give you the precision you need.
Some eyeliner formulas also have more of a learning curve than others. For example, pencil eyeliners are generally considered the easiest to apply, but it can take practice to smudge eyeliner into a smoky look that doesn’t leave you with dreaded “raccoon eyes.” Gel and liquid eyeliners need to be applied with an eyeliner brush, which takes lots of practice. However, pen eyeliners can make liquid eyeliners user-friendly thanks to their felt or brush tips.
Top Sephora eyeliner for beginners
Top Sephora eyeliner for beginners
Kaja Wink Stamp Wing Eyeliner Stamp and Pen
What you need to know: Take the guesswork out of intimidating winged eyeliner with this convenient pen combo.
What you’ll love: Use the stamp end to start your look, then use the felt-tip pen end to draw a line and fill in. The eyeliner formula is smudgeproof and waterproof.
What you should consider: It’s only available in black. The stamp may not suit all eye shapes.
Where to buy: Sold by Sephora
Top Sephora eyeliner for beginners for the money
What you need to know: Not sure if you prefer pencil or pen eyeliner? This clever product lets you experiment with both.
What you’ll love: This waterproof eyeliner has a matte-finish pencil on one end and a felt tip pen on the other. It’s available in black or brown.
What you should consider: The pencil can be crumbly and prone to breakage.
Where to buy: Sold by Sephora
Top Sephora eyeliner pencils
Top Sephora eyeliner pencil
Urban Decay 24/7 Glide-On Waterproof Eyeliner Pencil
What you need to know: Offering an impressive 34 shades, you’re all but guaranteed to find a color (or five) that suits your style.
What you’ll love: This creamy pencil glides on easily and blends out for a variety of looks. The formula comes in a rainbow of colors in matte, shimmer and glitter finishes.
What you should consider: Some colors can be prone to smudging, making this pencil better for smoky, not precise, looks. The soft pencil needs frequent sharpening.
Where to buy: Sold by Sephora
Top Sephora eyeliner pencil for the money
Sephora Collection 12-Hour Contour Pencil Eyeliner
What you need to know: These richly pigmented pencils glide on easily and last for hours without budging.
What you’ll love: Choose from 21 shades with matte, glitter or shimmer finish.
What you should consider: Some users had issues with the pencil’s tip breaking off easily.
Where to buy: Sold by Sephora
Worth checking out
Clinique Quickliner For Eyes Eyeliner
What you need to know: This twist-up eyeliner pencil is also a good eyeliner for tight lining.
What you’ll love: The fine tip helps draw precise lines, while the built-in smudger can help create smoky eye looks. Choose from five neutral shades.
What you should consider: It isn’t as pigmented as some formulas, making precise looks more challenging.
Where to buy: Sold by Sephora
Top Sephora liquid eyeliner
Top Sephora liquid eyeliner
Stila Stay All Day Waterproof Liquid Eyeliner
What you need to know: Not only does the marker tip make this eyeliner easy to use, the liquid formula lasts hours without smudging.
What you’ll love: The eyeliner glides on easily without skipping or tugging. It’s available in six subtle colors and neutrals.
What you should consider: Even though it’s waterproof, watery eyes or oily lids may still result in smudging.
Where to buy: Sold by Sephora
Top Sephora liquid eyeliner for the money
KVD Beauty Tattoo Waterproof Liquid Eyeliner
What you need to know: This liner’s ultrafine brush tip lets you apply the vegan, cruelty-free formula with precision.
What you’ll love: Create clean lines easily with this smooth formula. It’s available in black or brown and both colors come in mini sizes.
What you should consider: The pen tends to dry out quickly.
Where to buy: Sold by Sephora
Worth checking out
Urban Decay Heavy Metal Glitter Eyeliner
What you need to know: Add some sparkle to your look with this buildable glittery eyeliner.
What you’ll love: Apply this smudgeproof eyeliner on its own or layer it over eye shadow or another eyeliner color for an extra glam look. It contains colorful glitter particles in a clear base and comes in 11 shades.
What you should consider: The brush applicator isn’t very precise. Some colors are not as pigmented as others.
Where to buy: Sold by Sephora
Top Sephora waterproof eyeliner
Top Sephora waterproof eyeliner
Benefit Cosmetics Roller Liner Waterproof Liquid Eyeliner
What you need to know: Featuring a felt tip and an ergonomic grip for better control, this eyeliner also lasts up to 24 hours.
What you’ll love: The waterproof formula glides on easily and dries within moments. Choose from matte black or brown.
What you should consider: Because it dries so fast, adding another layer or touching up must be done quickly. The pen may dry out faster than other eyeliners.
Where to buy: Sold by Sephora
Top Sephora waterproof eyeliner for the money
Sephora Collection Retractable Waterproof Eyeliner
What you need to know: This retractable pencil features a creamy formula on one end and a smudger on the other.
What you’ll love: It’s available in 19 shades, including bold colors and matte and shimmer finishes. This formula works well as an eyeliner for your waterline. The smudger pops out to reveal a sharpener.
What you should consider: Some users still have issues with this eyeliner smudging, especially with oily eyelids.
Where to buy: Sold by Sephora
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/beauty-personal-care-br/eye-makeup-br/10-most-popular-eyeliners-at-sephora/ | 2022-04-02T19:20:37Z |
OWINGS MILLS, Md. (AP) — The Baltimore Ravens are making a feathered addition to their injured reserve list.
In a video posted on Twitter on Thursday, coach John Harbaugh announced that Poe, the team’s bird mascot, was going on IR. Poe was carted off the field at halftime of the Ravens’ preseason game against Washington last weekend. Poe was joined by other mascots for a halftime game before being injured.
On Sunday, the Ravens tweeted a picture of the mascot with ice on his left knee, saying he was “resting comfortably in his perch awaiting further test results.”
In his video Thursday, Harbaugh said Poe had a season-ending injury to his drumstick, and the team would find a replacement.
“We’re going to get right into evaluating our options and see where we go next,” Harbaugh said. “See if we can find somebody to replace Poe.”
___
More AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL | https://cw33.com/strange-news/ap-strange-news/ap-ravens-mascot-headed-to-ir-with-drumstick-injury/ | 2022-09-02T19:18:10Z |
Canton police participating in Law Enforcement Torch Run for Special Olympics
CANTON – Several Canton police officers are participating today in the Law Enforcement Torch Run benefiting the Special Olympics.
The Law Enforcement Torch Run involves five torches being carried by law enforcement agencies through the state, making their way to Columbus.
Canton police will participate in a 2.25-mile run starting around 10 a.m. at the old Timken High School, make their west across Tuscarawas Street and through Monument and Stadium parks, ending inside Tom Benson Hall of Fame Stadium.
To sponsor Canton police:Sponsor the Canton Police Department for the Special Olympics
Special Olympic athletes are scheduled to join the run along the way.
The torches are set to reach Columbus on Friday for the Special Olympics opening ceremony.
Canton is one of the agencies in Stark County participating in the run in its first year running through Stark County, said Canton police Lt. Dennis Garren.
Other local law enforcement agencies participating are: Canal Fulton, Lawrence Township, North Canton, and Navarre, Canton police Lt. Michael Roberts said.
New youth program:Canton police chief announces 'We Believe in Canton' program
The Canton Police Department has raised over $3,000 for the organization, with donations being accepted through help.sponsoranathlete.org/cantonpolice and are among the top fundraising teams in northeast Ohio.
More information can be found at www.LETR.org.
Reach Cassandra cnist@gannett.com; 330-580-8338; Follow on Twitter @Cassienist | https://www.cantonrep.com/story/news/2022/06/23/canton-police-participating-law-enforcement-torch-run-special-olympics/7708970001/ | 2022-06-23T14:13:02Z |
Denison city council reconsidering ordinance for aggregate sales yard
DENISON, Texas (KXII) - The Denison City council voted this week to reconsider the ordinance for an aggregate sales yard to go in near several neighborhoods after the city made a technical error.
The project will go back to Planning and Zoning after the city didn’t notify one of the nearby neighborhoods near Marin Marietta’s proposed project - a new 12-acre sales yard for stone, gravel, sand and other aggregate construction materials just north of Ray Drive in the Union Pacific railyard.
“What we will do if we haven’t done already is notify those people that needed to be notified and give them a chance to go through this process as well,” Communications and Media Manager for the City of Denison Emily Agans said.
In June, the proposal passed unanimously, to the dismay of some nearby residents.
" Excuse me, okay then you need to vacate the room then please ma’am,” Mayor Janet Gott said.
At June’s city council meeting, residents who live near the proposed site voiced their concerns.
“We got the trees, and then we got 80 yards, 80 yards between a cup of coffee on the front porch and 12 acres of earth moving equipment and hundreds of rumbling dump truck and any number of small mountains of sand and gravel,” A Denison Resident said.
Another problem residents had is the traffic flow as the sales yard is slated to operate 24 hours a day, 7 days a week.
“So that’s going to be a major deterrent and also just a major problem with traffic flow in general so that is my largest concern with this operation that’s being applied for,” Another Denison Resident said.
Another issue, the dust and dirt that will come from the gravel, sand, and rocks, which representatives from Martin addressed in June.
“And as far as the dust control, we’ll have an employee at full time on a water truck out there maintaining the roads on any dust,” Martin Marietta Spokesperson Shawn Fooley said.
Residents who live 200 feet from the site were mailed notices of the proposal.
The conditional use permit must again be passed by planning and zoning then city council next month.
“There will be public comments so people can come share their opinions about this and then council will hear those and they will vote on the conditional use permit again,” Agans said.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/07/13/denison-city-council-reconsidering-ordinance-aggregate-sales-yard/ | 2022-07-13T23:39:40Z |
MELBOURNE, Australia, July 10, 2022 /PRNewswire/ -- Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) today announces that it has dosed the final patient and completed recruitment into the Phase III pivotal study ZIRCON (Zirconium in Renal Cancer Oncology, NCT03849118) of its investigational renal (kidney) cancer imaging agent TLX250-CDx (89Zr-DFO-girentuximab). This global study has dosed 300 patients to date, exceeding the target enrolment of 252 patients, announced on 8 March 2022.
TLX250-CDx, which has received "Breakthrough Designation" from the U.S. Food and Drug Administration (FDA)1, is being developed as an imaging agent for use in the characterization of indeterminate renal masses previously identified on computed tomography (CT) or magnetic resonance imaging (MRI) as clear cell renal cell cancer (ccRCC) or non-ccRCC.
The detection of renal masses is increasing due to widespread use of cross-sectional imaging. Many of these are small renal masses and represent a diagnostic challenge as current imaging cannot reliably distinguish benign or malignant lesions from renal cell carcinoma, leading to invasive biopsy or partial nephrectomy to confirm the diagnosis. These procedures are not always necessary and can lead to complications2. It is estimated that up to 80% of small renal masses are malignant3.
If the study is successful, TLX250-CDx may provide a non-invasive method to aid in diagnosis and staging of ccRCC and the identification of metastatic disease through whole body imaging, ultimately leading to improved patient management by minimizing the need for surgical intervention for diagnosis and guiding treatment decisions.
In addition to its potential use as a diagnostic and staging tool, Telix is considering the potential for TLX250-CDx to also be used as an active surveillance tool for patients not deemed surgical candidates.
Brian M Shuch, MD, Director of the Kidney Cancer program at UCLA said: "We may well be on the cusp of a paradigm shift in how we manage renal masses. The incidence of small renal masses is increasing, yet there is currently no imaging tool that can effectively diagnose or stage clear cell renal cancer. Most patients are scheduled for the operating room without a firm diagnosis and often surgery is found to be unnecessary. Should this study report positive results, it may provide the non-invasive imaging tool to aid in accurate diagnosis that patients and clinicians have been waiting for. Congratulations to Telix for completing this ambitious international trial."
Renal cell carcinoma (RCC) is the deadliest of all urological cancers with a late-stage 5-year survival rate of 14%4. ccRCC is the most common sub-type and accounts for approximately 80% of all renal cell carcinoma cases5. RCC is also an increasingly frequent cancer, having more than doubled in incidence in the developed world over the last 50 years.6 Worldwide, there were more than 400,000 new cases in 2020, and >175,000 people died from their disease.7
TLX250-CDx will be available in selected countries to eligible patients under an Expanded Access Program (EAP) (also known as early access, pre-approval access or emergency use), in accordance with Telix's Compassionate Use Policy and subject to jurisdictional regulatory requirements.8
Dr Colin Hayward, Telix's Chief Medical Officer said, "The completion of this trial will bring us a step closer to commercialization for this diagnostic imaging agent which may address a significant unmet need in the diagnosis and management of ccRCC. It also builds on Telix's commitment to urologic oncology, with the potential of delivering a major new imaging indication. This milestone could have not been achieved without the support of our many collaborators including the 36 clinical sites who participated in the trial, our global manufacturing teams and the associated auxiliary team who have supported this study. Most of all we wish to thank the patients who have volunteered to participate in this study."
ZIRCON is a confirmatory, prospective, open-label, multi-centre phase III study to evaluate sensitivity and specificity of 89Zr-TLX250-CDx PET/CT imaging to non-invasively detect clear cell renal cell cancer (ccRCC) in adult patients with indeterminate renal masses (IDRM), scheduled for partial or total nephrectomy. Telix expects to report the outcome from the ZIRCON study in 2H, 2022.
About TLX250-CDx
TLX250-CDx (89Zr-girentuximab) is an investigational product being developed by Telix for the purpose of non-invasive detection of clear cell renal cancer in patients with "indeterminate renal masses" (IDRMs) are, typically identified based on CT or MRI imaging and are an increasing medical dilemma as more scans are performed and more IDRMs are identified. Girentuximab is a monoclonal antibody that targets carbonic anhydrase IX (CAIX), a cell surface target that is highly expressed in several human cancers including renal, lung and oesophageal cancers. In July 2020, the U.S. Food and Drug Administration (FDA) granted Breakthrough Therapy (BT) designation for TLX250-CDx, reflecting the significant unmet clinical need to improve the characterization of indeterminate renal masses previously identified on CT or MRI as ccRCC or non-ccRCC. , ccRCC is the most common and aggressive form of kidney cancer.
About the ZIRCON Study
ZIRCON (Zirconium Imaging in Renal Cancer Oncology, NCT03849118) is an international multicentre Phase III study at 34 sites in Europe, Australia, Turkey, Canada and the United States. ZIRCON is a prospective imaging trial in renal cancer patients undergoing kidney surgery with the objective of determining the sensitivity and specificity of TLX250-CDx PET imaging to detect clear cell renal cell cancer (ccRCC) in comparison with histologic "standard of truth" determined from surgical resection specimens.
About Telix Pharmaceuticals Limited
Telix is a biopharmaceutical company focused on the development and commercialisation of diagnostic and therapeutic products using Molecularly Targeted Radiation (MTR). Telix is headquartered in Melbourne, Australia with international operations in Belgium, Japan, Switzerland, and the United States. Telix is developing a portfolio of clinical-stage products that address significant unmet medical need in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX). For more information visit www.telixpharma.com and follow Telix on Twitter (@TelixPharma) and LinkedIn.
Telix's lead product, gallium-68 (68Ga) gozetotide (also known as 68Ga PSMA-11) injection, has been approved by the U.S. Food and Drug Administration (FDA),9 and by the Australian Therapeutic Goods Administration (TGA).10 Telix is also progressing marketing authorisation applications for this investigational candidate in Europe[11] and Canada.[12]
Telix Investor Relations
Ms. Kyahn Williamson
Telix Pharmaceuticals Limited
SVP Corporate Communications and Investor Relations
Email: kyahn.williamson@telixpharma.com
This announcement has been authorised for release by Dr. Christian Behrenbruch, Managing Director and Group Chief Executive Officer.
Legal Notices
This announcement may include forward-looking statements that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as "may", "expect", "intend", "plan", "estimate", "anticipate", "outlook", "forecast" and "guidance", or other similar words. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on the Company's good-faith assumptions as to the financial, market, regulatory and other risks and considerations that exist and affect the Company's business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix's business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress and results of Telix's preclinical and clinical studies, and Telix's research and development programs; Telix's ability to advance product candidates into, enrol and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals, manufacturing activities and product marketing activities; the commercialisation of Telix's product candidates, if or when they have been approved; estimates of Telix's expenses, future revenues and capital requirements; Telix's financial performance; developments relating to Telix's competitors and industry; and the pricing and reimbursement of Telix's product candidates, if and after they have been approved. Telix's actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements. You should read this announcement together with our risk factors, as disclosed in our most recently filed reports with the ASX or on our website.
To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to publicly update or revise any forward-looking statements contained in this announcement, whether as a result of new information, future developments or a change in expectations or assumptions.
The Telix Pharmaceuticals and Illuccix name and logo are trademarks of Telix Pharmaceuticals Limited and its affiliates (all rights reserved).
1 Telix ASX disclosure 1 July 2020.
2 Amir H. Khandani, MD*‡ and W. Kimryn Rathmell, MD, PhD†‡ Positron Emission Tomography in Renal Cell Carcinoma: An Imaging Biomarker in Development. Semin Nucl Med. 2012 Jul; 42(4): 221–230.
3 Rothman J, Egleston B, Wong YN, Iffrig K, Lebovitch S, Uzzo RG. Histopathological characteristics of localized renal cell carcinoma correlate with tumor size: a SEER analysis. The Journal of urology. 2009;181:29–33. discussion 33-24.
4 https://www.cancer.org/cancer/kidney-cancer/detection-diagnosis-staging/survival-rates.html
5 Source: National Cancer Institute
6 Padala et al, World Journal of Oncology, 2020
7 World Health Organisation, 2020
8 https://telixpharma.com/wp-content/uploads/Policy-on-Offering-Compassionate-Use-to-Investigational-Medicines.pdf
9 ASX disclosure 20 December 2021.
10 ASX disclosure 2 November 2021.
11 ASX disclosure 10 December 2021.
12 ASX disclosure 16 December 2020.
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SOURCE Telix Pharmaceuticals Limited | https://www.wibw.com/prnewswire/2022/07/10/zircon-phase-iii-kidney-cancer-imaging-study-completes-enrolment/ | 2022-07-10T23:10:31Z |
White House urges caution on COVID variants, pushes boosters
WASHINGTON (AP) — The Biden administration is calling on people to exercise renewed caution about COVID-19, emphasizing the importance of getting booster shots for those who are eligible and wearing masks indoors as two new highly transmissible variants are spreading rapidly across the country.
The new variants, labeled BA.4 and BA.5, are offshoots of the omicron strain that has been been responsible for nearly all of the virus spread in the U.S. and are even more contagious than their predecessors. White House doctors stressed the importance of getting booster doses, even if you have recently been infected.
“Currently, many Americans are under vaccinated, meaning they are not up to date on their COVID-19 vaccines,” said Dr. Rochelle Walensky, director of the Centers for Disease Control and Prevention. “Staying up to date on your COVID-19 vaccines provides the best protection against severe outcomes.”
Walensky said the U.S. has seen a doubling in the number of hospitalizations due to COVID-19 since April, reflecting the spread of the new subvariants, though deaths have remain steady around 300 per day.
Dr. Anthony Fauci, the nation’s top infectious disease expert, said while the new variants are concerning, with boosters, indoor masking and treatments the country has the tools to keep them from being disruptive.
“We should not let it disrupt our lives,” he said, “but we cannot deny that it is a reality that we need to deal with.”
He added that even if someone recently had COVID-19, they should get a booster.
“Immunity wanes, so it is critical to stay up to date with COVID 19 vaccines,” he said.
All Americans age 5 and over should get a booster five months after their initial primary series, according to the CDC, and those aged 50 and over — or who are immunocompromised — should get second booster four months after their first. According to CDC, tens of millions of eligible Americans haven’t received their first booster, and of those over 50 who got their first booster, only 28% have received their second.
“If you’re over 50 and you haven’t gotten the shot this year, you should go get a shot,” said White House COVID-19 coordinator Dr. Ashish Jha. “It’s going to save your life.”
Jha and Fauci said the U.S. is regularly discussing expanding eligibility for a second booster shot to all adults, but that no decision has been made yet.
“It’s a regulatory decision on the part of the FDA,” Fauci said.
Jha pressed said people who are eligible for a booster but haven’t received one shouldn’t wait for forthcoming vaccines targeted at the omicron strain in addition to the original form of the coronavirus. The U.S. has ordered 105 million of those updated shots that studies show provide better protection against omicron variants, but they won’t be available until the fall.
“Let me be clear, if you get vaccinated today, you’re not going to be ineligible to get the variants specific vaccine, as we get into the later part of fall and winter,” Jha said. “So, this is not a trade off, we’ve got plenty. It’s a great way to protect yourself.”
Added Fauci: “The threat to you is now.”
Walensky noted that CDC data shows that about a third of Americans are living in areas the agency classifies as experiencing a high level of COVID spread, where the agency recommends people wear masks in public indoor spaces. Another 41% live in the CDC’s ‘medium’ level, where it recommends that people consider their own individual risk and consider masking.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/12/white-house-urges-caution-covid-variants-pushes-boosters/ | 2022-07-12T15:42:05Z |
TORONTO, Aug. 10, 2022 /PRNewswire/ - Auxly Cannabis Group Inc. (TSX: XLY) ("Auxly" or the "Company"), a leading consumer packaged goods company in the cannabis products market, announced today that the Company has closed the sale of its Auxly Annapolis OG Inc. outdoor cultivation facility located in Hortonville, Nova Scotia to a private purchaser for total proceeds to the Company of $4.1 million. As previously announced by the Company, Auxly closed both its cultivation facilities located in Nova Scotia in February 2022 and sold its Auxly Annapolis indoor cultivation facility in July 2022 for total proceeds to the Company of $6 million. The Company intends to apply the proceeds from both sales to support Auxly's ongoing operations.
"The sale of the Auxly Annapolis outdoor facility for $4.1 million further strengthens the Company's cash position as we have now received a cumulative $10.1 million for both our Nova Scotia cultivation assets," said Hugo Alves, CEO. "We remain committed to identifying opportunities to reduce costs, streamline operations and source additional capital in a non-dilutive way as we continue to focus our efforts of achieving our goal of becoming Adjusted EBITDA profitable in 2022."
ON BEHALF OF THE BOARD
"Hugo Alves" CEO
Auxly is a leading Canadian consumer packaged goods company in the cannabis products market, headquartered in Toronto, Canada. The Company's focus is on developing, manufacturing and distributing branded cannabis products that delight wellness and recreational consumers and deliver on its consumer promise of quality, safety and efficacy.
Learn more at www.auxly.com and stay up to date at Twitter: @AuxlyGroup; Instagram: @auxlygroup; Facebook: @auxlygroup; LinkedIn: company/auxlygroup/.
This news release contains certain "forward-looking information" within the meaning of applicable Canadian securities law. Forward-looking information is frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or information that certain events or conditions "may" or "will" occur. This information is only a prediction. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking information throughout this news release. Forward looking information includes, but is not limited to: the proposed use of the proceeds of the sale; the Company's execution of its product development, commercialization strategy and expansion plans; the relevance of the Company's current and proposed products; the expectation and timing of future revenues; consumer preferences; political change, future legislative and regulatory developments involving cannabis and cannabis products; and competition and other risks affecting the Company in particular and the cannabis industry generally.
A number of factors could cause actual results to differ materially from a conclusion, forecast or projection contained in the forward-looking information in this release including, but not limited to, whether: the Company's subsidiaries are able to maintain the necessary regulatory authorizations to conduct business; there is acceptance and demand for current and future Company products by consumers and provincial purchasers; and general economic, financial market, regulatory and political conditions in which the Company operates will remain the same. Additional risk factors are disclosed in the annual information form of the Company for the financial year ended December 31, 2021 dated March 30, 2022.
The forward-looking information in this release is based on information currently available and what management believes are reasonable assumptions. Forward-looking information speaks only to such assumptions as of the date of this release. In addition, this release may contain forward-looking information attributed to third party industry sources, the accuracy of which has not been verified by Auxly. Readers should not place undue reliance on forward-looking information contained in this release. The forward-looking information contained in this release is expressly qualified by the foregoing cautionary statements and is made as of the date of this release. Except as may be required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events, whether as a result of new information, future events or results, or otherwise.
Neither Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Auxly Cannabis Group Inc. | https://www.mysuncoast.com/prnewswire/2022/08/10/auxly-receives-41-million-sale-auxly-annapolis-outdoor-facility/ | 2022-08-10T12:27:01Z |
Parties Unveil Innovative National NIL Custom Content Featuring
Student-Athletes with School Marks
PLANO, Texas, Aug. 9, 2022 /PRNewswire/ -- ZIPS Car Wash (zipscarwash.com) has announced its multi-year investment in 13 collegiate athletic programs through an extensive sponsorship agreement with LEARFIELD. This marks ZIPS first foray into college sports marketing and represents the largest sponsorship of its kind in the growing car wash industry. ZIPS' most highly concentrated markets of its 250 locations are in the southeast, where it has targeted the sponsorship most heavily.
As part of its multi-school relationship with LEARFIELD, ZIPS is now the proud sponsor of six universities – Arkansas, Baylor, Georgia, North Carolina, South Carolina and Tennessee. ZIPS will have category exclusivity at these respective SEC, Big 12 and ACC member schools, where LEARFIELD is the athletics multimedia rightsholder. There are seven additional universities included in a different capacity, with projections to scale the sponsorship throughout the length of the three-year agreement.
Notably, ZIPS will engage in the LEARFIELD Allied program to connect school IP with student-athletes in name, image and likeness (NIL) activation – aptly named "Car Wash Convos" – featuring interviews with Arkansas, North Carolina and Tennessee student-athletes while they experience a car wash at ZIPS. Additionally, its overall sponsorship agreement provides ZIPS with significant brand visibility among the university fanbases through assets which include IP marks, radio, social and LEARFIELD's Fan365 digital product.
"ZIPS is the only company in the car wash industry who is investing at this level in blue chip universities, introducing NIL partnerships in three states and offering gameday tickets to our customers through sweepstakes held in the new ZIPSme portal," said Gene Dinkens, CEO, ZIPS Car Wash. "We're proud to lead the way in collegiate sports sponsorships on a broader scale and to show our support in the communities we serve."
The ZIPSme portal was created to enhance the ZIPS customer experience by offering sweepstakes, partner perks and the freedom to manage a ZIPS Unlimited Membership online. Another component of its multi-year agreement with LEARFIELD enables ZIPS to kick off football season by offering its unlimited members exclusive access to enter to win college gameday tickets and other prizes.
"ZIPS is a forward-thinking industry leader, and we are proud to welcome them to the collegiate athletics space," said John Brody, Chief Revenue Officer, LEARFIELD.
"We are also delighted to incorporate a groundbreaking NIL-focused custom content program, curated and produced by LEARFIELD Studios, featuring student-athletes proudly wearing their school colors. As the 'front door to college athletics,' we look forward to further building the relationship between ZIPS and our partner institutions."
ZIPS growth has and will continue to be via acquisition and greenfield development as the company expands across the country. In 2022 alone, ZIPS has acquired 45 locations with a growth rate of nearly 50%, making it a record year of expansion thus far for the company.
ZIPS Car Wash, headquartered in Plano, Texas, is the largest privately held car wash operator nationwide. ZIPS is among the fastest growing express car wash chains in the country, operating more than 250 locations across 24 states. With over 18 years of car washing experience, ZIPS has invested in industry leading technology, creative hiring and training methods, local partnerships, and a laser-focus on customer care as driving forces behind ZIPS growing business model. ZIPS Car Wash is about much more than getting cars clean. Our #1 purpose is to make people happy, from our community outreach efforts and fundraising programs to our focus on employees. ZIPS strives for a great, clean, and fun customer experience. To learn more visit: zipscarwash.com.
LEARFIELD, based in Plano, Texas, is a media, data, and technology services leader in intercollegiate athletics. The company unlocks the value of college sports for brands and fans through an omnichannel platform with innovative content and commerce solutions. LEARFIELD services include licensing and collegiate sports properties' multimedia sponsorship management; publishing, audio, digital and social media; data analytics and insights; ticketing software and ticket sales; branding; campus-wide business and sponsorship development; and venue technology systems. Since 2008, it has served as title sponsor for NACDA's acclaimed LEARFIELD Directors' Cup, recognizing athletic departments across all divisions.
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SOURCE Zips Car Wash | https://www.kxii.com/prnewswire/2022/08/09/zips-car-wash-launches-industry-first-multi-year-collegiate-sports-sponsorship-with-learfield/ | 2022-08-09T14:38:48Z |
SAN DIEGO, July 28, 2022 /PRNewswire/ -- Core Strengths, the inventor of Relationship Intelligence and global leader in team effectiveness for the enterprise, today announced that Som Shahapurkar, Ph.D., and Greg Barnett, Ph.D. will join the company's Board of Directors.
Dr. Som Shahapurkar has built and operationalized Artificial Intelligence (AI), Machine Learning (ML), and advanced analytics for the entirety of his career. He's led teams at Intel, Verizon, and FICO and is an adjunct Professor of Artificial Intelligence at the University of San Diego. Som holds patents in applied AI and co-founded an AI startup for energy management. "The vision of Core Strengths is inspiring. Integrating AI and ML inside their Relationship Intelligence will be transformative for organizations. Team collaboration and performance are about to get an upgrade," said Dr. Shahapurkar.
Greg Barnett is an Industrial/Organizational Psychologist with over 20 years of experience in HR Technology and SaaS. He is currently the Chief People Scientist at Energage and consulted over half of the Fortune 50 in employee selection, leadership development, engagement, and coaching. He's passionate about leveraging innovation and data science to help people perform at their best. His clients include Microsoft, IBM, Bank of America, AT&T, Citigroup, Boeing, and Walmart. "I couldn't be more excited to join Core Strengths. They're building innovative new products and solutions for customers and helping people meet the challenges of this new world of work," said Dr. Barnett.
"Core Strengths is built on the foundation that people are unique and different, and those differences shape the way we connect with others. Whether you work in an office, remotely, or a hybrid of both, people still need to establish meaningful connections. The need to collaborate, understand each other, and communicate effectively is greater than ever. Som and Greg's expertise will help us deliver smarter and more nuanced communication tips to help teams have better meetings, messages, and conversations – and by extension, more productive relationships," said Tim Scudder, Ph.D. Author and Principal at Core Strengths.
Core Strengths' mission is to make work better by helping teams work together. Built on 50 years of science, Relationship Intelligence (RQ) empowers leaders and teams to optimize their work styles and strengthen trust. Over 5 million users in organizations worldwide rely on Core Strengths to measure talent, coach employees, and build winning teams.
Related Links
https://www.corestrengths.com/
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SOURCE Core Strengths | https://www.kxii.com/prnewswire/2022/07/28/core-strengths-expands-board-directors-bolster-data-science-integrations/ | 2022-07-28T11:27:29Z |
BOSTON, MA, June 30, 2022 /PRNewswire/ - John Hancock Financial Opportunities Fund (NYSE: BTO) (the "Fund"), a closed-end fund managed by John Hancock Investment Management LLC and subadvised by Manulife Investment Management (US) LLC, announced today sources of its quarterly distribution of $0.6500 per share paid to all shareholders of record as of June 13, 2022, pursuant to the Fund's managed distribution plan. This press release is issued as required by an exemptive order granted to the Fund by the U.S. Securities and Exchange Commission.
This notice provides shareholders of the John Hancock Financial Opportunities Fund (NYSE: BTO) with important information concerning the distribution declared on June 1, 2022, and payable on June 30, 2022. No action is required on your part.
The following table sets forth the estimated sources of the current distribution, payable June 30, 2022, and the cumulative distributions paid this fiscal year to date from the following sources: net investment income; net realized short term capital gains; net realized long term capital gains; and return of capital or other capital source. All amounts are expressed on a per common share basis and as a percentage of the distribution amount.
You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's managed distribution plan.
The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
The Fund has declared the June 2022 distribution pursuant to the Fund's managed distribution plan (the "Plan"). Under the Plan, the Fund makes fixed quarterly distributions in the amount of $0.6500 per share.
If you have questions or need additional information, please contact your financial professional or call the John Hancock Investment Management Closed-End Fund Information Line at 1-800-843-0090, Monday through Friday between 8:00 a.m. and 7:00 p.m., Eastern Time.
Effective October 1, 2021, copies of all notices informing shareholders of distributions made by the fund in excess of accumulated net investment income will be posted on John Hancock Investment Management's public website (jhinvestments.com) and on the Legal Notice System (LENS), a service offering of the Depository Trust Company (DTC) accessible by broker-dealer firms. To the extent required, notice may also be provided via press release. John Hancock Investment Management will continue to distribute paper copies of these notices by mail until March 30, 2022, after which date the notices will be delivered exclusively via the methods described above.
Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.
An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.
About John Hancock Investment Management
A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.
About Manulife Investment Management
Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.
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SOURCE John Hancock Investment Management | https://www.kxii.com/prnewswire/2022/06/30/john-hancock-financial-opportunities-fund-notice-shareholders-sources-distribution-under-section-19a/ | 2022-06-30T21:51:40Z |
Flint will be tasked with growing the life and health insurance product portfolios
SAN ANTONIO, June 15, 2022 /PRNewswire/ -- USAA Life Insurance Company (USAA Life) announced today that Chris Flint has joined USAA as Senior Vice President and General Manager, Life and Health Insurance, reporting to Brandon Carter, President of USAA Life Insurance Companies. In this role, Flint will oversee the life and health insurance product portfolios, with responsibility to grow both product lines to serve more of USAA's members and bring additional value to the association.
Flint brings more than two decades of experience in the financial services industry to USAA Life, and has extensive experience leading life insurance distribution, modernizing to enhance customer experience, and creating growth opportunities by introducing digital and data-driven solutions.
"USAA exemplifies the 'best of best' in terms of its unwavering commitment to its mission and members," says Flint. "It's a privilege to be joining a company with such a noble purpose and a focus on protecting the financial security of our service members and their families."
"Chris is an exceptional industry leader, and we're thrilled to have him join USAA Life," says Brandon Carter, president of USAA Life Insurance Companies. "His expertise will serve us well as we provide more of our members with the protection they need, backed by USAA's legendary service."
Prior to joining USAA Life, Flint was President and CEO of Farmers New World Life Insurance Company. He was also previously President and CEO of ProEquities, Inc. and Senior Vice President, Distribution Companies for Protective Life Insurance Company. Flint received his bachelor's degree from the University of Alabama at Birmingham and completed his MBA and a Master of Information Systems degree at Creighton University. He also completed the Executive Leadership Program from the University of Pennsylvania's Wharton School of Business. He currently holds Series 4, 7, 24, 53, 63, 66 securities licenses and is a Chartered Retirement Planning Counselor (CRPC).
About USAA
Founded in 1922 by a group of military officers, USAA is among the leading providers of insurance, banking, and investment and retirement solutions to more than 13 million members of the U.S. military, veterans who have honorably served and their families. Headquartered in San Antonio, USAA has offices in eight U.S. cities and three overseas locations and employs more than 38,000 people worldwide. Each year, the company contributes to national and local nonprofits in support of military families and communities where employees live and work. For more information about USAA, follow us on Facebook or Twitter (@USAA), or visit usaa.com.
Contact: USAA Media Relations
External_communications@usaa.com
210-498-0940
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SOURCE USAA | https://www.mysuncoast.com/prnewswire/2022/06/15/usaa-life-insurance-company-names-chris-flint-senior-vice-president-general-manager-life-health-insurance/ | 2022-06-15T16:53:49Z |
Arasan, a leading provider of semiconductor IP for all things mobile, including automobiles announces its 2'nd generation of USB PHY with an extremely small area.
SAN JOSE, Calif., Aug. 10, 2022 /PRNewswire/ -- Arasan announces the immediate availability of its 2nd generation of USB PHY for the USB 2.0 Specification. Arasan 2nd generation USB PHY is a result of its continual evolution over decades, resulting in this generation with ultra-low area and power specifically targeting IoT and Mobile Devices. Highest Priority has been paid to area optimization with the goal to offer the industries smallest USB 2.0 PHY. The USB 2.0 PHY was originally acquired by Arasan from Mentor Graphics as part of our corporate objective to offer a Total IP™ solution across our entire product line, including USB.
Arasan is among the industry's first providers of USB IP with the launch of its USB 1.1 Device IP in 1996 and the industries ONLY provider to offer a Total USB 2.0 IP Solution which includes its USB 2.0 Host IP Core, USB 2.0 Device IP Core, USB 2.0 Hub IP, USB 2.0 OTG IP, the USB 2.0 PHY IP and software for multiple OS. Arasan's USB 2.0 PHY also supports all the additional features required by the USB 2.0 Hub Specifications and is seamlessly integrated with its USB controller IP, including the USB 2.0 Hub IP.
Over decades, Arasan's USB IP has been used in a varied range of applications including the defense sector on mission critical projects.
Arasan's 2nd Gen USB 2.0 IP is available on nodes 28nm to 5nm immediately. The legacy USB 2.0 PHY is available from 180nm to 40nm on multiple foundries.
Arasan's USB 2.0 PHY is also offered as a crystal-less PHY saving on the BoM.
For more: https://www.arasan.com/products/usb/usb-2-0/usb-2-0-phy/
About Arasan
Arasan is at the forefront of this evolution of "Mobile" with its standards-based IP at the heart of Mobile SoCs. Arasan's high-quality, silicon-proven, Total IP Solutions include digital IP, AMS PHY IP, Verification IP, HDK, and Software. Arasan has a focused product portfolio targeting mobile SoCs to Automobiles, Drones, and IoT. Arasan Chip Systems, a contributing member of the MIPI Association since 2005 for mobile storage and mobile connectivity interfaces with over a billion chips shipped with our MIPI IP.
Contact:
Dr. Sam Beal
Mktg1@arasan.com
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SOURCE Arasan Chip Systems, Inc. | https://www.kxii.com/prnewswire/2022/08/10/arasan-refreshes-its-total-usb-ip-solution-with-its-next-generation-usb-20-phy-ip/ | 2022-08-10T19:25:00Z |
Report reveals difference between restaurants' and employees' perceptions of DEI initiatives
New ELEVATE – A Menu for Change framework provides innovative tools for DEI success in restaurants of all sizes
WASHINGTON, Aug. 3, 2022 /PRNewswire/ -- Today, the National Restaurant Association released a landmark diversity, equity, and inclusion (DEI) report measuring the awareness and perceived effectiveness of DEI practices among employers and employees in the restaurant industry. The research, conducted in collaboration between the National Restaurant Association, the National Restaurant Association Educational Foundation (NRAEF), the Multicultural Foodservice & Hospitality Alliance (MFHA), and Cornell University Nolan School of Hotel Administration, found an association between the impact of DEI strategies and foodservice workers' job satisfaction. The study also highlighted differences between a company's perceptions about its DEI effectiveness and its employees' experiences. Ultimately, the report reinforces the critical importance of effective DEI policies in driving employee engagement and retention within the restaurant industry.
To support the development of effective DEI programs across the industry, MFHA created ELEVATE – A Menu for Change. The framework provides restaurant operators with proactive business strategies and plans for building a more diverse, inclusive, and engaged workforce.
"This research highlights the opportunity for companies to elevate their DEI game," said Gerry Fernandez, President and Founder of the Multicultural Foodservice & Hospitality Alliance. "We have this incredible opportunity to listen, learn, and act to improve our DEI practices. Committing to and investing in these changes can increase retention of current restaurant industry employees and enhance the overall perception of working in the restaurant industry. Our mission is to open doors of opportunity for people from all backgrounds and we are eager to help do whatever it takes to ensure our industry is the gold standard for diversity, equity, and inclusion."
Key Findings of the Report
Employer reporting of employee demographics over-estimates the number of historically marginalized communities in the restaurant industry, especially at the mid- and upper levels of management, compared with how employees self-report.
When asked about the current profile of diversity in the foodservice industry, individuals typically reported differently than the enterprise. This suggests businesses may perceive an environment of diversity that is different than what is experienced by employees. If left unchecked, this has the potential to minimize the experience of historically marginalized communities; limit an organization's ability to recognize the need for a more diverse workforce and change recruiting policies accordingly; and create an environment for turnover. Key findings include:
- Enterprise-level reporting of gender demographics is different than individual employee reporting. Enterprises underreport the percentage of female employees and overreport the representation of non-binary/non-conforming employees compared with how employees self-report (55% of individuals identify as female, enterprises report 35%; 1% of individuals identify as non-binary/non-conforming, enterprises report 18%).
- A greater percentage of individual employees self-identify as Hispanic, Black/African American, and other races than enterprises report.
- Enterprises reported a higher representation of people with disabilities than individuals indicated; 16% of individual employees self-reported having a disability, while enterprises report 34%.
Employee and employer perceptions of current DEI initiatives differed on the effectiveness and awareness of the policies.
Enterprises generally believe they have created work environments that support DEI, yet awareness of those policies is often weak among current employees, and even more so among former employees. This can lead employees to believe that DEI is not a strategic priority, which can ultimately lead to a lack of job satisfaction and higher turnover. Key findings include:
- 92% of enterprises report having dedicated DEI initiatives, however there is limited awareness of those policies among employees. For example, 78% of enterprises reported having employee diversity training or awareness events, while only 48% of current employees and 34% former employees reported receiving this training.
- 73% of enterprises believe that a diverse workforce improves a company's innovation, yet 54% of enterprises believe that money spent on diversity programs is not having a noticeable impact.
- 58% of enterprises believe that they provide adequate DEI training.
- 30% of current employees and 14% of former employees believe the diversity programs in place at their restaurants have a positive impact on the workplace.
When restaurant employees leave the industry, many do not return. Respect and a culture of belonging are associated with job satisfaction and intent to stay in the industry.
In general, the research suggests that current employees are satisfied with their work and overall have positive views about working in the restaurant and foodservice industry. The report indicates a correlation between employee sentiment about working in the industry and supervisor support. Addressing work challenges, investing in training and team member development, and creating authentic and sustainable employment opportunities through a culture of belonging and inclusion can help to address these gaps. Key findings include:
- 72% of current employees expect to be employed by their current restaurant/organization in one year.
- 77% of former restaurant industry employees are not currently looking for employment in the industry.
- 16% of former restaurant employees expect to return to work in the industry.
ELEVATE – A Menu for Change Framework: A Proven Guide to Creating Successful DEI Programs
To drive positive change in DEI initiatives for enterprises and employees, the MFHA created ELEVATE – A Menu for Change – a step-by-step toolkit with proven best practices and proactive business strategies. Each step reflects actions to be taken by company management to create and foster effective DEI programs. The framework includes tools to help enterprises assess DEI throughout its organization, identify stakeholders, examine what it currently offers, and establish a strong foundation for meaningful change. It also covers topics such as fostering stakeholder communication, establishing goals and success metrics, conveying value to employees, and resources for building successful training and measurement practices.
MFHA plans to support industry execution of the ELEVATE framework by providing a range of supplemental resources, including expert-led DEI sessions among stakeholders, employers and employees, management coaching, and ongoing support for groups of similar organizations moving through the framework together.
"Our people are our greatest asset," said Rob Gifford, President of the National Restaurant Association Educational Foundation. "At the NRAEF, our daily work is to assist the industry in growing this workforce and supporting their career advancement. Both large and small operations face the same challenges: recruiting more diverse leaders and improving retention and development of the current workforce. MFHA's ELEVATE framework is essential to creating best practices — rooted in rigorous research and proven successes — that our community can quickly and easily put into practice, strengthening our workforce, and building greater job satisfaction and interest in industry careers."
"The restaurant workforce is the most diverse across the U.S. economy. The new insight provided by our research and the MFHA's ELEVATE framework creates an opportunity to develop a standard for meaningful DEI programs across the industry," said Michelle Korsmo, President & CEO of the National Restaurant Association and CEO of the National Restaurant Association Educational Foundation. "Our industry historically has welcomed all people looking to chase their American dream with a solid career and ownership potential. As our current and future workforces focus on new goals and change their expectations, we want the industry to continue to be a place that welcomes all and supports personal and professional growth."
The research survey was conducted in August and September 2021 in two tracks: An online survey of 200 enterprise representatives from a population representative of the U.S. restaurant and foodservice industry; and an online survey of current and former employees, and individuals who have never worked in the industry. The combined 5,180 individual respondents were representative of the U.S. restaurant and foodservice industry workforce.
Find more information about the DEI Report on the Restaurant Industry 2022 and ELEVATE – A Menu for Change framework here.
Founded in 1919, the National Restaurant Association is the leading business association for the restaurant industry, which comprises nearly 1 million restaurant and foodservice outlets and a workforce of 14.5 million employees. Together with 52 State Associations, we are a network of professional organizations dedicated to serving every restaurant through advocacy, education, and food safety. We sponsor the industry's largest trade show (National Restaurant Association Show); leading food safety training and certification program (ServSafe); unique career-building high school program (the NRAEF's ProStart). For more information, visit Restaurant.org and find @WeRRestaurants on Twitter, Facebook and YouTube.
As the philanthropic foundation of the National Restaurant Association, the National Restaurant Association Educational Foundation's (NRAEF) mission of service to the public is dedicated to enhancing the industry's training and education, career development and community engagement efforts. The NRAEF and its programs work to Attract, Empower and Advance today's and tomorrow's restaurant and foodservice workforce. NRAEF programs include: ProStart® — a high-school career and technical education program; Restaurant Ready — partnering with community based organizations to provide "opportunity youth" with skills training and job opportunities; Military — helping military servicemen and women transition their skills to restaurant and foodservice careers; Scholarships — financial assistance for students pursuing restaurant, foodservice and hospitality degrees; and the Restaurant & Hospitality Leadership Center (RHLC) — accredited apprenticeship programs designed to build the careers of service professionals. For more information on the NRAEF, visit ChooseRestaurants.org. Click here for the National Restaurant Association Educational Foundation's 2021 Annual Impact Report.
The Multicultural Foodservice & Hospitality Alliance (MFHA) is dedicated to advancing diversity, equity, and inclusion (DEI) across the $899 billion restaurant, foodservice, and hospitality industry. Founded by Gerry Fernandez in 1996, MFHA serves as a leading resource for companies large and small seeking to improve DEI across their organization and to become culturally competent. MFHA provides tailored solutions and guidance that draw from a broad range of best practices, research, DEI partnerships and expertise in current and emerging social issues. www.mfha.net
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SOURCE National Restaurant Association | https://www.mysuncoast.com/prnewswire/2022/08/03/restaurant-industry-releases-diversity-equity-inclusion-research-framework-building-successful-dei-programs/ | 2022-08-03T13:16:00Z |
Public company to launch Mobile X, a disruptive new wireless service provider
MINNETONKA, Minn. and LOS ANGELES, June 13, 2022 /PRNewswire/ -- Electro-Sensors, Inc. (Nasdaq: ELSE), a leader in industrial monitoring systems, and Mobile X Global, Inc., one of the world's first connectivity-as-a-service companies, announced today that they have entered into definitive agreements to merge and re-name the combined company Mobile X Global, Inc.
Mobile X Global, Inc. will launch Mobile X, a new wireless brand positioned to disrupt the wireless industry. The merger partners also expect Mobile X Global's cloud-native platform to enable synergies between Mobile X and Electro-Sensors' wireless industrial sensor business.
The definitive merger agreement and related transactions have been approved by each company's board of directors and are subject to approval by the shareholders of each company. The directors, officers, and major shareholders of each company, who collectively own a majority of the shares of each company, have entered into agreements obligating them to approve the transactions.
Shares of the combined company are expected to continue to trade on the Nasdaq Capital Market under the ticker symbol "MOBX" upon closing of the merger, expected in the third quarter of 2022.
Launch of Mobile X
In October 2021, Mobile X Global announced a network access agreement to enable the launch of a new AI-powered mobile business for wireless customers. The company will use its proprietary CaaS-AI (Connectivity-as-a-Service-AI) cloud-native platform, XO.1, and its network agreement, to provide personalized wireless data, voice, and messaging services, initially to customers nationwide across the U.S., with a commercial launch expected later this year. The company expects to further expand internationally under the Mobile X brand, leveraging the XO.1 platform capabilities to create a seamless global connectivity experience for its customers.
Mobile X intends to employ artificial intelligence, machine learning, and real-time usage information to learn each customer's unique connectivity requirements and provide optimized individual pricing, supported by a premier app-enabled experience. The seamless experience and potential cost savings for the majority of customers are expected to lead the industry, enabling customers to pay only for the services they use. The XO.1 platform will allow customers to seamlessly switch across multiple global networks, with one number and one service that extends beyond borders.
"This merger, like the one that I engineered to create Digital Turbine, will position us for rapid growth," stated Peter Adderton, founder and CEO of Mobile X Global. "We believe the new combined company will also provide the vehicle for future expansion, so that we can serve a new generation of borderless consumers and use our proprietary XO.1 platform to help connect the billions of IoT devices expected worldwide. Mobile X customers will get unprecedented levels of customized service and only pay for what they use. We expect to help millions of wireless customers save money at a time when they really need it."
Merger Structure and Ownership
After the merger, Mobile X Global shareholders are expected to own approximately 76% of the combined company, Electro-Sensors shareholders approximately 11%, and new equity investors approximately 13%, all based on current ownership of the two companies and $20 million of new equity financing on the terms in a commitment letter described below. In addition to their continuing interest in the combined company, Electro-Sensors shareholders as of a record date to be determined before the closing will receive special cash dividends expected to total approximately $18 million, with the actual amount of the dividends subject to adjustment based on the transaction expenses, working capital balance, and any indebtedness of Electro-Sensors at closing.
Cash dividends of $18 million would be approximately $4.83 per fully diluted share of Electro-Sensors, whose closing price on June 10, 2022, was $4.85. In addition, the continuing ownership of Electro-Sensors' legacy shareholders will give them the opportunity to participate in the long-term value to be created by the combined company through Mobile X's planned disruptive entry into wireless communications, synergies expected from enhancing Electro-Sensors' wireless sensor business with the capabilities of Mobile X Global's XO.1 platform, the increased scale of the new organization, and the sharing of best practices.
In connection with the merger, a third-party institutional investor has entered into a commitment letter with Mobile X Global to provide equity financing of up to $20 million upon closing of the merger, subject to diligence and definitive agreements satisfactory to the investor, including an agreement for a $50 million equity line of credit to be provided by the investor. The equity line of credit will provide significant additional liquidity, at the option of Mobile X Global.
Electro-Sensors Voting Agreement and Special Meeting of Shareholders
In connection with the execution of the merger agreement, Electro-Sensors' directors, officers, and major shareholders, who collectively own a majority of Electro-Sensors' outstanding shares, have entered into agreements to vote their shares in favor of the merger at a special meeting of shareholders to be held before the closing on a date to be announced.
Closing will follow the special meeting of shareholders of Electro-Sensors, consent of shareholders of Mobile X Global, and satisfaction of other customary closing conditions, including the U.S. Securities and Exchange Commission (the "SEC") having declared effective a registration statement, and The Nasdaq Stock Market having approved the listing of the common stock of the combined company.
David Klenk, CEO of Electro-Sensors, said, "We believe this merger will be very good for the customers, employees and shareholders of Electro-Sensors. Our shareholders will receive a significant cash dividend and retain a meaningful share of an exciting platform company that we expect will also create new opportunities for our sensor business."
Other Information about the Merger and Related Transactions
The transaction is structured as a statutory reverse triangular merger under Delaware and Minnesota law, under which a newly formed subsidiary of Electro-Sensors, Inc. will be merged with and into Mobile X Global, Inc., with Mobile X Global, Inc. surviving the merger and becoming a wholly owned subsidiary of Electro-Sensors, Inc. Electro-Sensors, Inc. will reincorporate in Delaware, be re-named Mobile X Global, Inc., and operate both the new Mobile X wireless business and the Electro-Sensors business.
Additional information about the proposed transaction, including a copy of the merger agreement, will be provided in a Current Report on Form 8-K to be filed by Electro-Sensors with the SEC and made available at www.sec.gov. More information about the proposed transaction will also be described in Electro-Sensors' registration statement and related documents relating to the merger, which it will file with the SEC.
Management and Governance
Upon closing of the merger, Peter Adderton, chairman and chief executive officer of Mobile X Global, will become the chairman and chief executive officer of the combined company. Mr. Adderton has decades of experience creating and operating digital platform businesses, including his former roles with Digital Turbine (Nasdaq: APPS), which currently has a market capitalization of approximately $1.7 billion and mobile virtual network operator (MVNO) Boost Mobile. Mobile X Global's management team has decades of experience operating large telecom providers and rapidly scaling private and public companies. Mobile X Global and Electro-Sensors are committed to retaining Electro-Sensors' existing employees and customers. Senior management of Electro-Sensors is expected to continue and assist in the integration of the combined company and the operation of the existing sensor business.
When the transaction closes, the current directors of Electro-Sensors will resign, and the Board of Directors of the combined company will initially consist of five members appointed by Mobile X Global.
Advisors
B. Riley Securities is financial advisor and Proskauer Rose LLP is legal counsel to Mobile X Global on the transactions. Lake Street Capital Markets is financial advisor and Ballard Spahr, LLP is legal counsel to Electro-Sensors for the transactions.
About Mobile X Global, Inc.
Mobile X Global, Inc., one of the world's first connectivity-as-a-service-AI companies, is a new entrant in the global mobile industry founded by Peter Adderton, who also founded Boost Mobile and Digital Turbine (Nasdaq: APPS). Mobile X Global plans to launch a new mobile brand called Mobile X in the U.S. in 2022, designed to attract displaced and mistreated wireless customers by offering simple, great value prepaid wireless services and experiences. Enabled by a network access agreement with a major carrier and supported by Mobile X Global's proprietary XO.1 cloud platform and an AI-powered on-device application, Mobile X will offer each customer their own unique service and ensure they only pay for what they use.
About Electro-Sensors, Inc.
Electro-Sensors, Inc. is an industry leading designer and manufacturer of rugged and reliable machine monitoring sensors and wireless/wired hazard monitoring systems applied across multiple industries and applications. These products improve processes by protecting people, safeguarding systems, reducing downtime, and preventing waste. Electro-Sensors is proud to be an ISO9001:2015 quality certified company and is committed to providing excellent customer service and technical support. Founded in 1968 and located in Minnetonka, Minnesota, Electro-Sensors provides its loyal customers with reliable products that improve safety and help plants operate with greater efficiency, productivity, and control.
Important Information and Where to Find It
A full description of the terms of the transaction will be provided in a proxy statement/prospectus/consent solicitation statement included in a Form S-4 Registration Statement that Electro-Sensors will file with the SEC. ELECTRO-SENSORS URGES INVESTORS, SHAREHOLDERS AND OTHER INTERESTED PERSONS TO READ, WHEN AVAILABLE, THE PROSPECTUS/PROXY STATEMENT/CONSENT SOLICITATION STATEMENT AS WELL AS OTHER DOCUMENTS FILED WITH THE SEC BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT ELECTRO-SENSORS, MOBILE X GLOBAL, AND THE PROPOSED TRANSACTIONS. When final, the definitive proxy statement will be mailed to Electro-Sensors' shareholders as of a record date to be established for voting on the proposed transaction, and a definitive consent solicitation statement will be sent to the Mobile X shareholders. Shareholders will also be able to obtain a copy of the documents (when available), without charge, by directing a request to: Electro-Sensors, Inc., 6111 Blue Circle Drive, Minnetonka, MN 55343. These documents, once available, can also be obtained, without charge, at the SEC's website (www.sec.gov).
Participants in the Solicitation
Electro-Sensors, Inc., Mobile X Global, Inc., and their respective directors and executive officers may be considered participants in the solicitation of proxies by Electro-Sensors, Inc. in connection with the proposed transaction. Information about the directors and executive officers of Electro-Sensors, Inc. is set forth in its Annual Report on Form 10‐K for the fiscal year ended December 31, 2021, and its 2022 Proxy Statement, which were filed with the SEC on March 31, 2022. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of proxies from Electro-Sensors' shareholders in connection with the proposed merger will be included in the definitive proxy statement/prospectus that Electro-Sensors intends to file with the SEC.
Non‐Solicitation
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which the offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of that jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended, or an exemption therefrom.
Forward Looking Statements
This press release includes certain forward‐looking statements concerning Electro-Sensors, Mobile X Global and the proposed transactions within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding future financial performance, future growth, and the development of future products and services; the benefits of the proposed transactions, including anticipated growth and synergies; the combined company's plans, objectives and expectations and intentions; the expected timing of the proposed transactions; and future acquisitions. These statements are based on current expectations or beliefs and are subject to uncertainty and changes in circumstances. There can be no guarantee that the proposed transactions described in this press release will be completed, or that they will be completed as currently proposed, or at any particular time. Actual results may vary materially from those expressed or implied by the statements here due to changes in economic, business, competitive or regulatory factors, and other risks and uncertainties affecting the operation of Electro-Sensors as well as the business of Mobile X Global. Many of these risks, uncertainties and contingencies related to Electro-Sensors are presented in Electro-Sensors' Annual Report on Form 10‐K and, from time to time, in Electro-Sensors' other filings with the SEC. These and other risks related to the business of Mobile X Global will be presented in the proxy statement/prospectus/consent solicitation statement to be filed with the SEC.
The information here should be read considering these risks and the following considerations: the ability of the merger parties to obtain definitive investment documents and close on the equity investments necessary to complete the merger; the ability of Mobile X to successfully launch its business, attract subscribers, and achieve the levels of customer service, revenues and costs that it currently expects; the ability of the combined company to successfully maintain a Nasdaq Capital Market listing; the ability of the combined company to successfully access the capital markets to finance expansion and acquisitions; the ability of the combined company to identify and acquire appropriate acquisition targets and successfully integrate these companies into its operations; the ability of the combined company to achieve synergies between its legacy sensor business and its new Mobile X business; the conditions to the closing of the merger may not be satisfied or an event, change or other circumstance could occur that could give rise to the termination of the merger agreement; the merger may involve unexpected costs, liabilities or delays, resulting in the merger not being consummated within the expected time period; risks that the announced merger may disrupt current Electro-Sensors plans and operations or that the business or stock price of Electro-Sensors may suffer as a result of uncertainty surrounding the merger; the outcome of any legal proceedings related to the merger; and Electro-Sensors or Mobile X Global may be adversely affected by other economic, business, or competitive factors.
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SOURCE Mobile X Global, Inc. | https://www.wibw.com/prnewswire/2022/06/13/electro-sensors-mobile-x-global-announce-merger/ | 2022-06-13T12:43:39Z |
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